Ascend Elements Pioneers U.S. Battery Materials Industry with Sustainable Cathode Materials for a Commercial Li-ion Battery Application

URLhttps://www.prnewswire.com/news-releases/ascend-el
SourcePR Newswire
Date Published06/19/2024

Additional Reshoring Information:

Company/Division name Ascend Elements
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):1000
City reshored to:Hopkinsville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Electrical Equipment, Appliances & Components, Nonmetallic Mineral Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredengineered cathode materials-recycled EV battery
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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