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Stellantis Invests in Lithium-Ion Battery Plant

Stellantis N.V. and LG Energy Solution (LGES) announced they have executed definitive agreements to establish the first large-scale, domestic, EV battery manufacturing facility in Canada. The joint venture company will produce leading-edge lithium-ion battery cells and modules to meet a signifi Read More...

Honda Forms JV for EV Battery Production

Honda Motor Co., Ltd. and LG Energy Solution announced an agreement to establish a joint venture (JV) company to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market. The companies will invest a total of USD $4.4 billion and establish a new Read More...

Honda Makes EV Investments in Ohio

Honda announced two major investments in Ohio, including $700 million to re-tool several of its existing auto and powertrain plants for production of EVs and $3.5 billion with LG Energy Solution (LGES) to establish a previously announced joint venture facility to produce the battery modules to power Read More...

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