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Battery Materials Company To Build Factory That Deepens Kentucky's Ties to Electric Vehicle Industry

Ascend Elements' Investment Could Grow to $1 Billion Over Multiple Phases
A rendering of a lithium-ion battery materials plant announced for Kentucky. (Ascent Elements)
A rendering of a lithium-ion battery materials plant announced for Kentucky. (Ascent Elements)
CoStar News
August 2, 2022 | 9:47 P.M.

Kentucky scored an economic development win in the burgeoning electric vehicle industry with a deal that could represent a $1 billion investment in the southwestern part of the state.

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