Honda and LG Energy Solution (LGES) announced today the formal establishment of a joint venture to mass produce lithium-ion batteries for electric vehicles (EV) produced by Honda, with plans to build a $3.5 billion plant in Ohio. Plans for the new JV, tentatively named L-H Battery Company, Inc., were unveiled by the companies last year, … Continue reading Honda, LG Launch $4 Billion JV to Build EV Batteries in U.S.
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Honda, LG Launch $4 Billion JV to Build EV Batteries in U.S.
Honda and LG Energy Solution (LGES) announced today the formal establishment of a joint venture to mass produce lithium-ion batteries for electric vehicles (EV) produced by Honda, with plans to build a $3.5 billion plant in Ohio. Plans for the new JV, tentatively named L-H Battery Company, Inc., were unveiled by the companies last year, … Continue reading Honda, LG Launch $4 Billion JV to Build EV Batteries in U.S.