What Happened
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.
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Background Context
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.
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Source: TechCrunch – Original Link
Source: TechCrunch
