August 27, 2024
(press release)
–
As construction of America’s first commercial-scale pCAM manufacturing plant continues, our engineers and artists are re-imagining the future state of the 150-acre campus. Located in Hopkinsville, KY, the Apex 1 facility will be home to Ascend Elements’ patented Hydro-to-Cathode® direct precursor synthesis technology. The facility will employ approximately 400 team members and contain over 1 million square feet of advanced manufacturing space. Commercial-scale production of decarbonized pCAM material is on track to begin in early 2025. The Apex 1 facility will be powered by renewable energy and produce 27kT of decarbonized pCAM per year in 2026. The Apex 1 campus will eventually produce enough pCAM and CAM to equip up to 750,000 electric vehicle battery packs per year. Ascend Elements uses a patented process known as Hydro-to-Cathode® direct precursor synthesis to manufacture NMC pCAM and CAM from used lithium-ion batteries and battery manufacturing scrap. The closed-loop process eliminates up to 15 intermediary steps in the traditional cathode manufacturing process and provides significant economic and carbon-reduction benefits. A recent life cycle assessment conducted by an independent third-party found Ascend Elements’ Hydro-to-Cathode® process produces EV battery cathode material at a 49% reduction in carbon emissions compared to traditional cathode manufacturing processes. By 2030, the company aims to achieve a 90% reduction in carbon footprint for its decarbonized cathode products.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.