Originally established as a joint venture between the two companies in 2022, the facility, operated under the name L-H Battery Company, was intended to be a shared cornerstone of Honda’s electric ...
Honda Motor Co., Ltd. HMC is set to acquire a factory building and related assets in Ohio from South Korea’s LG Energy Solution (“LGES”) in a deal valued at about $2.86 billion. The transaction, which ...
Honda is buying LG Energy’s Ohio EV battery plant and related assets for $2.9 billion, with the deal expected to close by February 2026. The sale reflects weakening U.S. EV demand and ongoing supply ...