Page 12 - Ascend Elements News Today

Government funding could help the U.S. break free of its reliance on foreign-sourced electric car materials.

Recycling global market projected to grow from $11bn in 2022 to $18bn by 2028

China handles virtually all EV battery recycling in a global market projected to grow from $11 billion in 2022 to $18 billion by 2028, according to research firm EMR.

Nick Carey: The U.S. Inflation Reduction Act triggers a race to recycle EV batteries in North America, challenging Chinas dominance. The act qualifies American-made subsidies for U.S.-recycled battery materials, boosting local factory building and encouraging research for recyclable batteries. As demand for EVs grows, Chinas virtual monopoly on battery recycling faces competition from a surge of U.S. recycling plants.

A little-publicized clause in the U.S. Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race...

A little-publicised clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race to undermine China's dominance of the field.

The clause qualifies electric vehicle battery materials recycled in the US as American-made, allowing carmakers using US-recycled batteries to get subsidies

The Southwestern Kentucky Economic Development Council is looking to launch a new workforce web page, while re...

The IRA's clause qualifies U.S.-recycled EV battery materials as American-made for subsidies, enabling automakers to access EV production incentives.

Kentuckys General Fund receipts for fiscal year 2023 added up to $15.1 billion, Gov. Andy Beshear said Thursday, surpassing estimates by $1.4 billion and marking the largest revenue surplus in