🏭👷 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.