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

InMotion portfolio company, 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. Ascend Elements today announced plans to invest $310 million in Phase 1 — and up to $1 billion over several possible phases — to build a sustainable lithium-ion battery materials facility in Hopkinsville, Ky., with groundbreaking […]