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Battery recycler Ascend Elements files for bankruptcy

Ascend Elements has filed for Chapter 11 bankruptcy, affecting nearly $900 million in investments. The CEO attributes the decision to significant financial hurdles, compounded by the loss of a major grant and increasing competition. Discove...

TechCrunch· Apr 11, 2026 · 4:52 AM · 69 views

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Ascend Elements has filed for Chapter 11 bankruptcy, affecting nearly $900 million in investments. The CEO attributes the decision to significant financial hurdles, compounded by the loss of a major grant and increasing competition. Discover how the U.S. EV market downturn played a role in their struggles. #Bankruptcy #EVMarket #Recycling #BusinessNews #TechNews

Originally reported by TechCrunch. Read the full story →

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