What’s happening: Ascend Elements, a battery recycling and engineered materials company, has agreed with Honda Motor Co. to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America.
Why it matters: The use of recycled battery materials in new electric vehicle (EV) batteries can significantly reduce the carbon footprint of EVs. This partnership between Ascend Elements and Honda is an essential step toward creating a closed-loop supply chain for recycled battery materials, leveraging the efficiencies and environmental benefits of Ascend Elements’ patented Hydro-to-Cathode™ direct precursor synthesis process.
Key points:
- Ascend Elements and Honda have agreed to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America.
- The use of recycled battery materials in new EV batteries can reduce the carbon footprint of EVs.
- Ascend Elements’ patented Hydro-to-Cathode™ direct precursor synthesis process can produce new cathode active materials (CAM) from spent lithium-ion cells more efficiently than traditional methods, resulting in improved economics and lowered greenhouse gas (GHG) emissions.
- The partnership between Ascend Elements and Honda is an important step toward creating a closed-loop supply chain for recycled battery materials, including lithium, nickel, and cobalt.
Bottom line: The partnership between is a significant development in the effort to reduce the carbon footprint of electric vehicles. By creating a closed-loop supply chain for recycled battery materials, the partnership is helping to promote sustainability in the lithium-ion battery industry.
