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LG Energy Solution, Honda to Build Battery Factory in Ohio
JEFFERSONVILLE, OH—South Korean battery maker LG Energy Solution has entered into a partnership with Japanese carmaker Honda Motor to build a new battery factory here.
Construction of the joint venture battery factory, tentatively named L-H Battery Co., is slated to begin this year with the aim of finishing by the end of 2024. Production of lithium-ion battery cells could begin in 2025.