# LG Energy and Honda Motor to build $4.4 billion EV battery facility in the U.S.

LG Energy Solution and Honda Motor agreed to form a joint venture to produce lithium-ion batteries in the US for Honda electric vehicles. The investment is $4.4 billion.

- Type: Partnership
- Announced: 2022-08-30
- Where: United States, United States
- Value: $4.40B
- Status: announced
- Products: lithium-ion batteries for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [LG Energy Solution](https://endata.com/companies/11181.md) (partner)
- [Honda Motor Co., Ltd.](https://endata.com/companies/16181.md) (partner)

## Sources

- [miningconnection.com](https://miningconnection.com/surface/news_product/P360), 2022-09-23: "LG Energy and Honda Motor to Build $4.4 Billion EV Battery Facility in the U.S."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.