LGES-Honda Battery JV In Ohio: First Steel Beam Was Installed via InsideEVs
the groundbreaking ceremony in March 2023Through a $3.5 billion investment, LGES and Honda intends to build a 40-gigawatt-hour battery factory of lithium-ion, pouch-type cells for all-electric cars , envisioned for sales in North America.
The construction should be completed by the end of 2024, so the plant would be able to start mass production of batteries by the end of 2025. As we understand, the joint venture will provide batteries for the Honda/Acura next-generation EVs based on the company's
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