The facility, L-H Battery Company, is part of Honda and LG Energy’s joint venture in the US. Honda and LG announced in October 2022 plans to invest up to $4.4 billion to establish the “Honda EV Hub” ...
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 ...
LG Energy Solution said Wednesday it will sell the building of its Ohio electric vehicle battery joint venture plant to its partner Honda for 4.2 trillion won ($2.9 billion), seeking to reduce capital ...
Honda Motor Co. will buy out LG Energy Solution Ltd.’s facilities and other assets from their joint battery plant in Ohio for about 4.2 trillion won ($2.9 billion) as America’s pullback in electric ...
This article first appeared on GuruFocus. Honda Motor Co. (NYSE:HMC) is moving to take full control of its Ohio electric-vehicle battery project, agreeing to buy out LG Energy Solution's facilities ...
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