A Massachusetts startup says its 'upcycled' batteries — made using an innovative method that keeps lithium-ion batteries out of landfills — are cheaper and perform better than new ones. They're less polluting, too.
The switch to electric vehicles is accelerating worldwide. There are about 10 million battery-powered vehicles on the road today, and by the end of the decade, theBut there's a problem down the road. All those EVs are powered by batteries, and when they come to end of their life cycles, they could end up as toxic trash.Now, a Massachusetts startup has a unique solution that gives the worn-out energy cells new life, making EVs more sustainable — and cheaper, too.
That long and uncertain supply chain is also a growing strategic concern for the U.S. So, reclaiming the valuable metals in spent EV batteries is becoming a national priority. "That’s essentially where all the value is," says Roger Lin, Ascend's vice president of global marketing and government relations.
That means fewer spent lithium-ion batteries dumped in landfills where they can spontaneously ignite and explode, or leach toxic metals into groundwater.in the peer-reviewed science journal, Joule, and independently verified in other labs, says Gratz. He's now Ascend Elements' chief technology officer.
Eric Gratz, co-founder of Ascend Elements, examines barrels of "black mass" powder, made from shredded lithium batteries.
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