Battery recycler Ascend Elements files for bankruptcy
Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant and a challenging market for lithium-ion batteries.
Key Points
- Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant and a challenging market for lithium-ion batteries.
- Reported by TechCrunch.
Full Details
Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant and a challenging market for lithium-ion batteries.
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