2025 is when Honda and LG are targeting mass production at this newest joint venture. It’s too soon for them to have finalized a site for this factory, but the companies say they plan to begin construction early next year. The battery factory will make pouch cells, with an annual capacity of 40 GWh. “Honda is working toward our target to realize carbon neutrality for all products and corporate activities the company is involved in by 2050,” said Toshihiro Mibe, president and CEO of Honda Motor Company. “Aligned with our longstanding commitment to build products close to the customer, Honda is committed to the local procurement of EV batteries which is a critical component of EVs. This initiative in the US with LGES, the leading global battery manufacturer, will be part of such a Honda approach.”
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