US Inflation Reduction Act accelerates battery recycling market

Createdd 2022-09-21 Hit 152

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After the Inflation Reduction Act was adopted by the US government, global auto makers are betting that recycled material from old batteries will help supply the metal to manufacture electric cars. Jaguar Land Rover, SK Group and others are investing over $300 million to Ascend Elements, a startup specialized in turning used batteries into new components to supply the emerging battery production market in the Southeastern U.S. Click the news below for more information:

https://www.wsj.com/articles/battery-recycling-race-heats-up-after-inflation-reduction-act-11663115377