Honda And Ascend Elements Reach Basic Agreement Towards Stable Procurement Of Recycled Lithium-Ion Battery Resources In North America

Ascend Elements, a U.S.-based battery recycling and engineered materials company, announced a basic agreement with Honda Motor Co.to collaborate on stable procurement of recycled lithium-ion battery materials for Honda electric vehicles in North America.

“Honda is aiming for ‘zero environmental impact’ by 2050 and sourcing recycled battery materials for its electric vehicles is a huge part of that,” said Mike O’Kronley, CEO of Ascend Elements. “We’re honored to continue our strategic relationship with Honda in North America.”

Ascend Elements has recycled used lithium-ion batteries for American Honda Motor Co. since 2021. The new agreement is an important step toward creating a closed-loop supply chain for recycled battery materials – including lithium, nickel, and cobalt – leveraging the efficiencies and environmental benefits of Ascend Elements’ patented Hydro-to-Cathode™ direct precursor synthesis process. Ascend Elements’ commercial products include recycled lithium, nickel, and cobalt, as well as sustainable cathode precursor (pCAM) and cathode active materials (CAM) – all made from used lithium-ion batteries and gigafactory manufacturing scrap.