Honda and LG Energy Solution announced Ohio as the home to the battery plant on October 11, 2022, committing $3.5 billion in investments and creating 2,200 jobs in Fayette County, Ohio. Progress of the over 2 million square foot EV battery plant as of October 2024.

4 days ago · Honda announced plans to establish the Honda EV Hub in Ohio in October 2022, based on the company's vision to make zero emissions vehicles represent 100% of its vehicle sales by 2040. Honda and LG Energy Solution committed to invest $3.5 billion in a new JV battery facility, L-H Battery Company, with the overall investment projected to reach $4 ...

5 days ago · Honda is transforming its Ohio factories to focus on electric vehicle production, creating an "EV Hub." Honda aims to achieve zero environmental impact by 2050, including carbon neutrality and ...

18 hours ago · Honda is making a $5.4 billion bet in Ohio on the EV business between its joint-venture battery plant with LG Energy Solution and the $1 billion retooling of three Ohio production plants that will ...

3 days ago · The company’s emerging EV hub in Ohio, including a separate $3.5 billion battery plant, will be the flagship for Honda’s global manufacturing operations.That includes its Marysville Auto Plant ...

6 days ago · The centerpiece is Honda’s 40-year-old vehicle assembly plant in Marysville, Ohio. Production of its first EV, the sporty Acura RSX, begins later this year, but the factory has already torn out ...

5 days ago · Honda’s first EV, for example — the $50K Prologue SUV made in Mexico under a joint agreement with General Motors — is the biggest, most expensive vehicle that Honda makes and ended 2024 as ...

Feb 28, 2023 · 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.

Sep 10, 2024 · Honda will begin EV production at the EV Hub in Ohio in late 2025, based on the company's vision to make battery-electric and fuel cell electric vehicles represent 100% of its vehicle sales by 2040.

5 days ago · COLUMBUS, Ohio — 10TV got a first look at Honda's new strategy at its EV Hub in Ohio, set to begin in late 2025. The company is investing more than $1 billion to retool its Marysville Auto Plant ...