Honda, LG Energy's $3.5 billion battery plant in southwest Ohio starts push to electric vehicles

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Honda and LG Energy Solution have broken ground on their $3.5 billion plant in Fayette County that will make batteries for Honda and Acura EVs.

− to make electric vehicles and provide components for them. The expansion will add 327 jobs.

Honda plans to begin production of EVs in 2026. The automaker has set a goal of all of its sales coming from battery-electric and fuel-cell electric vehicles by 2040, and becoming carbon neutral for all products and corporate activities by 2050."This is the first chapter in our history together," said Robert Lee, the CEO of the joint venture between the companies, who unveiled a rendering of the plant with Chief Operating Officer Rick Riggle."Our joint venture is very special.

Construction is expected to be completed by the end of 2024. Production of pouch-type, lithium-ion batteries is scheduled to begin by the end of 2025.Work at the site has already started The companies have been working at the site since the announcement in October, bringing in truckload after truckload of stone to ready the 450-acre site for construction of the plant itself and other buildings on the site.called TYK to build the plant.that opened in 1982 and the East Liberty Auto Plant that started production in 1989.east of I-71 near U.S.

 

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