A recycling facility will be built in Kentucky to shred electric vehicle batteries in a $65 million venture between American and South Korean companies that will supply material for a separate battery-related operation in the same town, the companies announced this week.
The 100,000-square-foot (9,000-square meter) EV battery recycling facility to be built in Hopkinsville will create about 60 jobs, according to U.S.-based Ascend Elements, which is partnering with South Korea-based SK ecoplant and its electronicwaste recycling subsidiary, TES, on the project. Construction is set to begin in November and be completed in January 2025. Hopkinsville is 170 miles (274 kilometers) southwest of Louisville, Kentucky.
“This is just the beginning of an entirely new industry in the United States,” Mike O’Kronley, CEO of Ascend Elements, said in a news release.…