In a reused half-century-old factory about an hour east of Atlanta, a Massachusetts company is on the front lines of expanding the American electric vehicle supply chain. And it all starts with recycling.
SVP of Operations Cory Ryner describes a machine to Ascend Elements' board of directors at Ascend Elements' facility in Covington, Georgia, on Tuesday, March 28, 2023.
The Bipartisan Infrastructure Law and the Democrats’ signature health and climate bill known as the Inflation Reduction Act have committed billions of dollars to domestic EV and battery manufacturing and charging infrastructure as the Biden administration has pledged to make EVs half of all vehicles sold in the U.S. by 2030.Once on the road, EVs are far cleaner than internal combustion vehicles.
Ascend Elements held a ceremonial opening for its Covington plant Wednesday and granted a tour to The Atlanta Journal-Constitution and other guests earlier this week. Ascend Elements expects to employ about 150 workers and has the capacity to annually shred 30,000 metric tons of battery scrap. The company touts that 98% of battery materials can be recovered and reused.
Since 2020, more than 35 EV-related projects have been announced in Georgia, totaling more than $21 billion in investment and 27,400 jobs, according to Gov. Brian Kemp’s office. In return, state and local officials, meanwhile, have offered billions in local tax breaks, job tax credits and other incentives.
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