Massachusetts-based Ascend Elements announced in 2022 it would invest $1 billion dollars to build an EV battery recycling plant in Hopkinsville. The company has since taken Chapter 11 bankruptcy and settled false claims allegations with the U.S. Department of Justice. Construction of the mega factory remains stalled, but with new owners who say the project will be finished.
The federal government has reached a settlement with Ascend Elements, the company once building a massive plant in Christian County.
The maker of lithium-ion battery materials was charged with making false claims for reimbursements under a U.S. Department of Energy grant…