A joint venture between Japanese car maker Honda and the battery division of South Korea’s LG will invest $4.4bn in a battery factory in Fayette County, Ohio, midway between Cincinnati and Columbus.
It will make pouch-type lithium-ion batteries for electric vehicles, which Honda plans to start selling in North America in 2026, based on the Honda e:Architecture car model.
Construction Dive reports that Turner Construction is working with Yates Construction and Kokosing Industrial to build the plant. Construction on the project will create 2,200 jobs.
The joint venture is still subject to regulatory approvals.
Bob Nelson, Honda America’s executive vice president, said: “Honda is proud of our history in Ohio, where our US. manufacturing operations began more than four decades ago. Now, as we expand Honda’s partnership with Ohio, we are investing in a workforce that will create the power source for our future Honda and Acura electric vehicles.”
The joint venture said construction would begin in 2023 and be completed by the end of 2024, with the plant beginning mass production in 2025.