Battery Recycler with Plant East of Atlanta Files for Bankruptcy
Monday, April 13th, 2026
Battery recycler Ascend Elements, which has a major plant 35 miles east of Atlanta, has filed for bankruptcy, becoming the latest firm involved in the electric vehicle and clean energy supply chain to show signs of struggle under President Donald Trump’s administration.
The company filed for Chapter 11 protection Thursday in the Southern District of Texas’ bankruptcy court. In a declaration in support of the bankruptcy, Ascend’s CEO Linh Austin revealed the company has $103.5 million in long-term debt.
Read more at AJC.
