Honda and LG Energy Solution have broken ground on their $3.5 billion plant in Fayette County that will make batteries for Honda and Acura EVs.
− to make electric vehicles and provide components for them. The expansion will add 327 jobs.
Honda plans to begin production of EVs in 2026. The automaker has set a goal of all of its sales coming from battery-electric and fuel-cell electric vehicles by 2040, and becoming carbon neutral for all products and corporate activities by 2050."This is the first chapter in our history together," said Robert Lee, the CEO of the joint venture between the companies, who unveiled a rendering of the plant with Chief Operating Officer Rick Riggle."Our joint venture is very special.
Construction is expected to be completed by the end of 2024. Production of pouch-type, lithium-ion batteries is scheduled to begin by the end of 2025.Work at the site has already started The companies have been working at the site since the announcement in October, bringing in truckload after truckload of stone to ready the 450-acre site for construction of the plant itself and other buildings on the site.called TYK to build the plant.that opened in 1982 and the East Liberty Auto Plant that started production in 1989.east of I-71 near U.S.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPA Resumes Transportation of Solid and Water Waste to Ohio Sites from Ohio Train DerailmentThe Environmental Protection Agency has hit pause on all further transportation of the contaminated water used to fight the fire at the Norfolk Southern train derailment that occurred on February 3 in East Palestine, Ohio. “The EPA will ensure that all waste is disposed of in a safe and lawful...
Read more »
Ohioans placed more than $1 billion in sports bets the first month it was legalThe Ohio Casino Control Commission released its first revenue numbers for sports betting in Ohio.
Read more »
Explainer: Why are UK energy bills for consumers still rising?British energy regulator Ofgem on Monday lowered its price cap on household energy bills from April, but this will offer little relief to consumers as energy costs continue to rise.
Read more »
A ‘climate solution’ that spies worry could trigger warSolar geoengineering holds promise for reducing global temperatures. Absent international agreements, it could also spark conflict.
Read more »
Exorde (EXD) Unveils Decentralized Solution to Address Internet MisinformationExorde (EXD) employs power of blockchain and IPFS to combat information manipulation on internet
Read more »
Cashe Grab Auctions offers a unique solution for buying and selling firearmsCache Grab Auctions features a highly interactive website with advanced searching capabilities and detailed pictures and descriptions.
Read more »