LG Energy Solution and Honda formally establish battery production joint venture; 40 GWh/year
Green Car Congress
JANUARY 14, 2023
The JV will begin construction of a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion battery cells by the end of 2025. The plant aims to have an annual production capacity of approximately 40GWh. LGES and Honda have committed to investing $3.5
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