August 25, 2026

Breaking News

How Ascend Elements, a Mass. ‘unicorn’ EV battery startup, burned through $900M and collapsed

572x429 or 100% image

Here's how the promising Massachusetts company failed despite securing major contracts and hundreds of millions in federal support.

By Scott Kirsner | SKirsner@masslive.com

Football. Festivals. Friday nights.

Get Back to What You've Missed

Unlimited Digital Access

$1 for 3 months

Subscribe Now

Cancel anytime.

iPhone/Android phones

Download Mobile App

Get the latest news and alerts on your phone or tablet