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Honda & LG Invest $3.5 Billion in New Ohio Plant


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Excerpt:

"Manufacturing powerhouses Honda and LG Energy Solutions have announced a new joint venture to produce lithium-ion batteries for upcoming Honda and Sony/AFEELA electric vehicles at a new facility in Jeffersonville, Ohio.

The new battery plant is the latest in the flurry of new manufacturing investments made in the wake of the Inflation Reduction Act, and will be located approximately 40 miles southwest of Columbus in Fayette County, Ohio, near the town of Jeffersonville. LGES and Honda have committed to investing $3.5 billion to build out the new facility, and plan to create as many as 2,200 new manufacturing jobs set to start at the opening of the new production facility. The companies’ overall investment related to the JV is projected to reach $4.4 billion in the following planned stages."

More here:

https://cleantechnica.com/2023/01/14/honda-lg-invest-3-5-billion-in-new-ohio-plant/

RV/Derek
http://www.rvroadie.com Email on the bottom of my website page.
Retired AF 1971-1998


When you see a worthy man, endeavor to emulate him. When you see an unworthy man, look inside yourself. - Confucius

 

“Those who can make you believe absurdities, can make you commit atrocities.” ... Voltaire

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