Honda, LG to build US$4.4bn car battery plant in Ohio
Honda Motor and LG Energy Solution have decided to build a US$4.4 billion joint venture (JV) battery plant in Ohio, United States.
Honda will invest an additional US$700 million to retool three Ohio plants and create 300 new jobs in an effort to increase production of electric vehicles (EVs). Honda expects to commence manufacture and sales of EVs in 2026.
The two businesses plan to begin building in early 2023 and complete the new plant approximately 40 miles (64 km) southwest of Columbus, Ohio by the end of 2024. As mass production of lithium-ion batteries commences by the end of 2025, the plant is expected to have an annual capacity of around 40 GWh.
Country updates
-
-
November 21, 2022
NovoHydrogen and TigerGenCo to jointly develop hydrogen project in New Jersey
NovoHydrogen and TigerGenCo, LLC (TGC) plan to produce green hydrogen at the Bayonne Energy Center in New Jersey, which supplies electricity to New York City via a sub-Hudson cable. Ohmium Internatio...
Read more -
November 18, 2022
Enel to build 3 GW US solar cell and module manufacturing plant
Enel North America has announced its plans to construct a 3 GW solar cell and module manufacturing plant in the US. Site selection is already underway. It is anticipated that construction will commen...
Read more -
November 18, 2022
Ohmium to provide PEM electrolyzers for 120 MW green hydrogen project in New JErsey
Ohmium International, Inc. has finalized an agreement with NovoHydrogen for the supply of PEM electrolyzers for the 120 MW green hydrogen production facility in New Jersey, USA. The hydrog...
Read more -
November 17, 2022
Revolve announces progress on 250 MW solar & storage project in Arizona
Revolve Renewable Power Corporation has announced an update on the ongoing development of its 250 MW Parker Solar & Storage project in Arizona, USA. In the past eighteen (18) months, significant...
Read more -
November 16, 2022
Longroad Energy to start construction of 152 MWdc solar PV project in USA
Longroad Energy Holdings LLC has completed the financing and begun construction on its 152 MWdc Three Corners solar project in Maine, USA.
Read more
