Honda, Ascent Elements collaborate on procurement of recycled lithium-ion battery resources

(From left) Arata Ichinose, operating executive, head of the business development supervisory unit, Honda Motor Co. Ltd., and Mike O’Kronley, CEO, Ascend Elements.

Honda Motor Co. Ltd. has reached a basic agreement with Ascend Elements Inc., a U.S.-based company with expertise in technologies for recycling of battery resources.

Through this collaboration, Honda will seek to obtain a consistent supply of nickel, cobalt, and lithium that Ascend Elements reclaims from recycled lithium-ion batteries. The automaker will then use these resources in its battery supply chain for its electrified vehicles produced in North America.