TOKYO -- Honda Motor will build a battery plant for electric vehicles in the U.S. with South Korean battery maker LG Energy Solution, the two companies said Monday, as EV makers and their suppliers seek a presence in the American market.
Automobiles
Honda to build new EV battery plant in U.S. with LG for $4.4bn
Japanese automaker seeks stable supply of batteries with South Korean partner
Honda and LG Energy will establish a joint venture to produce lithium-ion batteries in Ohio, where Honda's main U.S. plant is located. (Source photos by Reuters)
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