Honda plans to build electric vehicle battery factory with LG in U.S.

time:2022-12-09 14:34:14source:chakarski.com author:Technology stocks
Honda plans to build electric vehicle battery factory with LG in U.S.

According to Nikkei, Honda has decided to build a new vehicle battery factory in the United States with South Korean battery giant LG Energy Solutions, and the investment is expected to reach hundreds of billions of yen. Honda and LG's battery plants will start construction in 2023, with mass production scheduled to begin in 2025.
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