Honda, LG Energy to build EV battery plant in US

[{"selector":"#anim-1f9c855c-62aa-44ff-9300-160cf4b9e899","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bc58b102-35dd-4a54-a8a3-a61c05958518","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-01359bee-e716-4ad1-aad1-690cef079706","keyframes":{"transform":["translate3d(-122.61484%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f3da1cf7-af20-4fc9-877f-1ef4ae0d865c","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa9583cb-0cec-4493-ba7f-30d5d2b1c37f","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fcbd17b8-acc7-4bad-a8cc-4b4730c727dc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Honda as well as LG Energy Solution jointly announced today that they have signed an agreement to create an Joint Venture company.

[{"selector":"#anim-b65cd432-0da9-437e-91ba-a95004ca1f3a","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e3d567b-158e-4fc8-8157-e706e9b48319","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1aba0cbc-6bf6-45e8-a058-e10896737f0c","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55b0cd2d-0dbc-4e55-81ab-ce196cbf05e0","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e4f8eb26-7fa9-4cc0-94f4-501479b19870","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-647d1935-5a25-46f1-8b49-0de176683ca0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.904447449537223%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] In 2022, to manufacture lithium-ion electric batteries within the US. Read More

[{"selector":"#anim-6a3c7e32-d900-45fb-98b5-3c4b5b8deb01","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-771871f8-720e-47b4-83a4-a27de806a2e0","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5bdb033b-35ea-49c4-a8fb-98ea1f3dedc5","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6f1792f4-395e-41b7-b631-6e1d682760b1","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9568526c-ac8d-465f-b430-a2dc420a3a8e","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e77a111-cddc-4a6b-9e9c-4f42bb5b3519 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(16.36904750527334%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The two companies plan to invest $4.4 billion into the joint venture's battery gigafactory.

[{"selector":"#anim-46438e9e-f9cd-4fc4-9705-08bd4330f3be","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8daf66a8-b36c-43c4-81c1-9add8b2e4bec","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4f2f1594-39d3-4ab5-8312-e35542669632","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b514b085-1b92-4e3c-9c5a-88ad823d3d9f","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ca7745f7-7a5a-4524-81b9-17eed279cf95","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-92fdfcf8-d63a-4088-a4e6-9c9d388d9636 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(17.249999798725728%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] That will have a capacity of 40 GWh pouch-type cells. This is equivalent to 400 battery packs, each with 100 kWh per.

[{"selector":"#anim-0fc6d324-df41-4f5e-a76d-4592fd10cbf1","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d014a0e-94f6-49ac-b10a-eb26adb447cd","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-64425bb2-c0c0-42dd-8902-8cd906c41222","keyframes":{"transform":["translate3d(-118.72909%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7de9b566-87df-4b43-ba08-a889e4a7d4ba","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ce42762-3e94-4f59-9351-5d32f437e5b8","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8529ca53-851f-4237-9681-0721136c8438 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-22.090481615147844%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The JV batteries will be exclusively used in the coming Honda as well as Acura electric vehicle. Read More

[{"selector":"#anim-5054e834-f010-4bce-a4a1-60d2c4096571","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d84921b0-fd86-414f-be90-9cdd5abca4d0","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dbd0aaa0-31d2-4df1-b012-9265323a5fff","keyframes":{"transform":["translate3d(-122.61484%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e349932-64ce-42c6-8304-debebe196723","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-816826df-bc41-44cb-ba5c-a4249fb1e527","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-502d0d19-bb00-4587-9d90-4f62b20b3679 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(40.18750910014688%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Models that will be sold in market in the North American market.

[{"selector":"#anim-aa7102b3-9ac2-47d7-a2e9-7d3ac9b603cd","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-032a564b-f624-4da4-bcf5-147575c5c9a7","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-33600be4-1b0d-40c1-8bb3-13b6cc109ae9","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b84705e4-7079-45b8-9832-3a625a1868c5","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76b07724-65df-4ba1-a6ac-3b3a467030b9","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86579534-c05e-40be-b5d5-35eccab889d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(40.18750910014688%, 0, 0) translate(-4.545454545454547%, 4.464286260993304%) scale(0.9090909090909091)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] The location of the gigafactory's new location is not yet finalized.

[{"selector":"#anim-9792843b-6ff8-4e63-9f56-10a9e07c7b36","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-59603cfc-0ae4-41ce-a482-de256e7f6cfe","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78b522a6-6175-4974-a691-ee85c8f105db","keyframes":{"transform":["translate3d(-122.61484%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-630f20c9-6039-477e-ac01-e067b50b0479","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-25be5b16-bb7a-486f-aa4b-684e735e26c3","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9de13d63-c62d-4833-9d0a-70dbb381b39a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.048286179858486%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] We have that the construction dates are set to begin (early 2023) and the mass production (by 2025's end). Read More

[{"selector":"#anim-e538a62e-3b85-4b1b-9182-261b5d04d36b","keyframes":{"opacity":[0,1]},"delay":1101,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f9233053-2a1b-48ee-b594-672933bf74be","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63067fc6-eca5-477c-8171-cd4eb9f72235","keyframes":{"transform":["translate3d(-122.9682%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9bca438a-28a4-4491-8c93-102e1c34e21b","keyframes":{"opacity":[0,1]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b656de6-b0e6-4eee-a8bd-cdfccbe89e72","keyframes":{"transform":["translate3d(0px, 4861.17978%, 0)","translate3d(0px, 0px, 0)"]},"delay":700,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd2b845f-be9f-40d5-8b14-b61ceb573d37 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(40.18750910014688%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] This implies that the speculations from the beginning of January 2022 were near to the truth at the very least, about 40 GWh per year.

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