Ascend Elements to Invest up to $1 billion in Southwest Kentucky EV Battery Materials Manufacturing Facility

Facility in Hopkinsville, Kentucky will produce enough sustainable lithium-ion cathode active material for up to 250,000 electric vehicles per year. WESTBOROUGH, Mass., Aug. 1, 2022 /PRNewswire/ — Ascend Elements today announced plans to invest $310 million in Phase 1 — and up to $1…