🏭👷 Honda and LG's new massive battery plant will be in Ohio.
🤑📆 Construction on the $3.5B factory will begin early in 2023. Mass production of Lithium batteries will begin by the end of 2025.
🔧🛠 Honda will also retool existing US plants for EV production to meet US tax credit requirements.
⛽🔋 Right on track for Honda's plans of shifting from ICE to EV by 2040 and going ultimately carbon neutral by 2050.
TL; DR - Tesla says their Chinese sales are aok, and you should mind your business. Carvana should mind its business, but, like, in a ‘get things in order’ kinda way, and the used car business is seeing an influx of exotic cars as Crypto investors face a time “between prosperity.”