Battery recycler Ascend Elements files for bankruptcy

Ascend Elements said that it will be filing for Chapter 11 bankruptcy in the wake of a canceled government grant and a challenging market for lithium-ion batteries

What's Happening

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Why This Matters for EV Owners

The Bigger Picture

This development reflects broader shifts in the European EV market as charging infrastructure expands and new models enter the market..

Real-World Range Considerations

EVRoutes' route calculations account for real-world conditions. In winter, expect 15-30% range reduction due to battery chemistry and cabin heating. Pro tip: Pre-conditioning the battery before DC fast charging can improve charging speeds by up to 30% in cold weather.

What to Watch Next

As the EV landscape continues to evolve, developments like this shape the transition to electric mobility across Europe..