LG Energy Solution and Honda establish US battery joint venture L-H Battery Company

LG Energy Solution and Honda have officially established a US battery joint venture named L-H Battery Company, Inc. The JV will build a $4.4 billion plant near Jeffersonville, Ohio, with 40 GWh capacity, targeting mass production by the end of 2025 and creating about 2,200 jobs.

“L-H Battery Company represents the first strategic collaboration between a Korean battery manufacturer and a Japanese automaker.”asiae.co.kr

• 1 source
• asiae.co.krLG Energy Solution establishes US battery joint venture with Japan's Honda for exclusive local supply - The Asia Business DailyChoi SeoyoonJan 13, 2023

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