{"id":24289,"date":"2022-06-10T12:04:08","date_gmt":"2022-06-10T16:04:08","guid":{"rendered":"http:\/\/autosector.com\/?p=24289"},"modified":"2022-06-10T12:04:08","modified_gmt":"2022-06-10T16:04:08","slug":"rumor-honda-lges-battery-plant-ohio","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=24289","title":{"rendered":"Rumor: Honda And LGES Might Build A Battery Plant In Ohio"},"content":{"rendered":"

It seems that another large lithium-ion EV battery gigafactory will be built in the US, and potentially once again in Ohio.<\/p>\n

According to Bloomberg<\/em>‘s sources, Honda<\/a> Motor Co. and LG Energy Solution are looking for a site for a new, joint venture battery plant in the Midwest.<\/p>\n

Ohio is a strong candidate, as Honda has plants there, but it’s not yet decided. A battery plant near vehicle plants is always a simplification of logistics. Ohio would be also a familiar state for LGES, where the South Korean company has a joint venture with GM (Honda’s partner for the Ultium platform<\/a>, by the way).<\/p>\n

\n

“A final decision has yet to be made and the ultimate location could still change, according to the people, who declined to be identified because the discussions are private.”<\/p>\n<\/blockquote>\n

We already heard earlier this year a rumor that Honda and LG Energy Solution might build a joint venture lithium-ion battery cell gigafactory in the US.<\/a> It was then said that it would be a 4 trillion won ($3.2 billion) investment and an annual production capacity of up to 40 GWh.<\/p>\n

Another rumor about site location suggests that there really is a new project in the pipeline to support Honda’s electrification plans.<\/p>\n

Let’s recall that the Japanese manufacturer announced that its first new, all-electric model – Honda Prologue SUV<\/a>, is scheduled for market launch in early 2024 with an initial annual sales target of 70,000 units<\/a>.<\/p>\n

Two models, based on the General Motors’ Ultium platform, have been confirmed – one from Honda and one from Acura brand<\/a>.<\/p>\n

In the longer term – the second half of the 2020s – the Japanese manufacturer intends to introduce its own solution\/platform called “e:Architecture”<\/em><\/a> with a target to sell 500,000 BEV per year by 2030.<\/p>\n

In April 2022, Honda announced a more detailed plan<\/a>, which includes approximately 5 trillion yen ($40 billion) investment in electrification and software, over the next 10 years, and the introduction of a total of 30 all-electric models globally by 2030. BEV production volume is expected to exceed 2 million units annually by 2030.<\/p>\n

<\/section>\n","protected":false},"excerpt":{"rendered":"

It seems that another large lithium-ion EV battery gigafactory will be built in the US, and potentially once again in Ohio. According to Bloomberg‘s sources, Honda Motor Co. and LG Energy Solution are looking for a site for a new, joint venture battery plant in the Midwest. Ohio is a strong candidate, as Honda has […]<\/p>\n","protected":false},"author":1,"featured_media":24290,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-24289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/24289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24289"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/24289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/24290"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24289"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}