Ascend Elements, a leading battery recycling company, has announced the opening of its new electric vehicle battery recycling facility in Covington, Georgia. The largest facility of its kind in North America, it is capable of recycling 30,000 metric tons of batteries and scrap annually, equivalent to approximately 70,000 EV batteries.
Battery recycling is a crucial component of the EV revolution, and Ascend Elements aims to play a significant role in making EV batteries cleaner and more sustainable. According to Ascend Elements CEO Mike O’Kronley, this new facility is an essential part of America’s EV battery infrastructure, and the company plans to build a closed-loop battery materials supply chain to further support sustainability.
The recycling process developed by Ascend Elements is highly efficient, recovering up to 90% of critical metals in EV batteries. The process can also “reduce the carbon footprint of new electric vehicle battery cathode materials by up to 90%,” according to the company.
In addition to its innovative recycling process, the new facility is powered entirely by renewable energy and features its own wastewater recycling and treatment system. Currently, the facility employs 100 people, and Ascend Elements plans to increase its workforce to 185 by 2024.
As the global transition to EVs continues, the importance of battery recycling will only increase. Ascend Elements’ new facility is a significant step towards a more sustainable future, and the company’s closed-loop supply chain will contribute to making EV batteries cleaner and more sustainable.