Honda Buys Out EV Battery Plant in US for Nearly $3B Ahead of New EV Lineup
Honda has agreed to fully buy its joint EV battery plant in Ohio from partner LG Energy Solution for about $2.9 billion (4.2 trillion Korean won). This gives Honda complete control over the factory as it gets ready for a fresh lineup of electric vehicles starting next year. The plant, called L-H Battery Company, sits … Read more