Honda and LG Energy Solution on Tuesday confirmed particulars of a joint-venture Ohio battery plant that can produce battery modules for North American-market Honda EVs starting in 2025.
Announced in 2022, the joint-venture plant will likely be situated in Fayette County, about 40 miles southwest of Columbus, and goals for 40 gigawatt-hours of annual manufacturing capability, Honda confirmed in a press launch.
Honda and LG Energy Solution will commit $4.4 billion to the three way partnership, with $3.5 billion going to the plant itself. Construction is scheduled to start out in 2023, with completion scheduled for 2024 to be able to begin mass producing pouch-type lithium-ion batteries by 2025, based on Honda.
2020 Honda Clarity Plug-In Hybrid
That timeline aligns with Honda’s plan to start producing and promoting EVs in North America in 2026, based mostly on its in-house e:Architecture. Honda already has a big U.S. manufacturing footprint, in addition to R&D services that would support in future EV improvement. It additionally introduced a companion $700 million funding to revamp a number of present Ohio crops for EV manufacturing.
However, Honda’s first mass-market EV for the U.S. would be the Prologue SUV, based mostly on General Motors Ultium tech. It’s scheduled to debut in 2024, and is predicted to be constructed alongside the Chevrolet Blazer EV in Mexico. Honda’s Acura luxurious model will even get the Ultium-derived ZDX SUV in 2024, with manufacturing anticipated to happen at GM’s Spring Hill, Tennessee, manufacturing facility alongside the Cadillac Lyriq.
2024 Honda Prologue
In 2027, Honda and GM plan to start promoting co-developed reasonably priced EVs in North America. This is from each the Ultium-based Prologue/ZDX deal and Honda’s personal e:Architecture.
While the announcement solely mentions typical lithium-ion battery chemistry, Honda can be researching solid-state batteries, though they doubtless will not be prepared to be used in manufacturing EVs till later this decade, on the earliest.
These numerous efforts will contribute to Honda’s purpose of eliminating all combustion engines from its international lineup by 2040, leaving each battery-electric and hydrogen fuel-cell autos.