# 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.

- Type: Partnership
- Announced: 2023-01-13
- Where: near Jeffersonville, Ohio, United States
- Value: $4.40B
- Jobs: 2,200
- Status: announced
- Capacity: 40 GWh
- Products: electric vehicle batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [L-H Battery Company, Inc.](https://endata.com/companies/67860.md)
- [LG Energy Solution](https://endata.com/companies/11181.md) (partner)
- [Honda](https://endata.com/companies/17700.md) (partner)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2023011316014005913), 2023-01-13: "L-H Battery Company represents the first strategic collaboration between a Korean battery manufacturer and a Japanese automaker."

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