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LG Energy Solution and Honda break ground for new JV EV battery plant in Ohio

Green Car Congress

Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. The two companies have committed to invest $3.5 Earlier post.)

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Honda to advance fuel cell system as core of its hydrogen business; expansion to other areas; new FCEV in 2024

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Honda held a press briefing in Tokyo on its hydrogen business initiatives. Honda said that it will take a proactive approach to increase the use of hydrogen as an energy carrier and strive to expand its hydrogen business, in addition to continuing to electrify its products. Commercial vehicles. Stationary power stations.

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Honda tests Gen 2 prototype electric autonomous work vehicle with Black & Veatch

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Honda and Black & Veatch have successfully tested the prototype Honda Autonomous Work Vehicle (AWV) at a Black & Veatch construction site in New Mexico. The Honda AWV employs a suite of sensors to operate autonomously, using GPS for location, radar and lidar for obstacle detection and stereoscopic (3D) cameras for remote monitoring.

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LG Energy Solution and Honda formally establish battery production joint venture; 40 GWh/year

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LG Energy Solution and Honda Motor announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda. LGES and Honda have committed to investing $3.5 The companies’ overall investment related to the JV is projected to reach $4.4

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Top 10 EV battery manufacturers all Asian companies; China accounts for 56% of market, Korea 26% and Japan 10%

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The top 10 global producers of Li-ion batteries for electric vehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).

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LG Energy Solution, Honda forming JV for EV battery production in US; $4.4B, 40GWh plant

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LG Energy Solution and Honda Motor have agreed to establish a joint venture (JV) company to produce lithium-ion batteries in the US to power Honda and Acura EV models for the North American market. With this agreement, LGES and Honda will invest a total of US$4.4 billion and establish a new JV plant in the US.

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Honda announces next steps in preparation for EV production in US

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Honda announced key next steps in the establishment of its EV Hub in Ohio. In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026. Indiana Auto Plant (IAP).

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