Lg energy solution and honda break ground for new joint venture ev battery plant in ohio

Local and state officials join global honda and lges executives in groundbreaking event new renderings offer first look at the new ev battery facility, an initial $3.5 billion investment projected to reach $4.4 billion overall construction set to rapidly scale up so that the facility can be completed by the end of 2024 in support of the start of mass production at the end of 2025 ev batteries from the facility, over 2 million sq. ft. in size, to be provided exclusively to honda auto plants to produce evs to be sold in north america jeffersonville, ohio , feb. 28, 2023 /prnewswire/ -- honda and lg energy solution (lges; krx: 373220) today held the official groundbreaking ceremony for a new joint venture ev battery plant over 2 million square feet in size, to be located in fayette county, near jeffersonville, ohio.
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