LGES-Honda battery plant in Ohio reaches another major construction milestone

LG Energy Solution announced a new partnership agreement with General Motors (GM) for prismatic battery cell technology, marking an extension of the two companies’ solid 14-year battery technology partnership. Under this new definitive agreement, the companies will jointly develop prismatic battery cell technology and affiliated chemistries, and once the partnership comes to fruition, the prismatic cell technology...

4 December 2024

Honda unveiled the demonstration production line for all-solid-state batteries developed independently by Honda for mass production. The line was constructed on Honda's property in Sakura City, Tochigi Prefecture, Japan. While conducting technical verification to establish a mass production process on this demonstration line, Honda will determine the basic specifications of the battery cells, with an aim to begin...

21 November 2024

Honda held its "Honda 0 Tech Meeting" to introduce some of the next-generation technologies to be applied to the Honda 0 Series – a completely new EV model range to be launched globally in 2026. The Honda 0 Series is being developed with new ideas generated from "zero" with a fresh approach to EV development – "Thin, Light, and Wise." Within this, it will offer five core values: Artistic design that resonates with...

8 October 2024

Honda announced that the Honda Saloon, the flagship concept model for the new Honda 0 EV series, has won the "Red Dot: Best of the Best 2024" award, in the Design Concept competition of the Red Dot Design Award, one of the most respected design awards in the world. The Space-Hub, another concept model of the Honda 0 Series, was named a Red Dot winner in the same competition. Representing the major transformation of...

2 August 2024

Nissan, Honda and Mitsubishi Motors have signed a memorandum of understanding to jointly discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda on March 15. Nissan and Honda are working to further accelerate initiatives aimed at achieving carbon neutrality and a zero-traffic-accident society. In anticipation of collaboration in areas such as...

2 August 2024

LG Energy Solution and Liontown Resources Limited (Liontown) entered into a strategic partnership aimed at fortifying their long-term collaboration in the global lithium sector. The companies signed a convertible note subscription agreement, an extended offtake agreement for the supply of high-quality lithium spodumene from Liontown’s Kathleen Valley project, and a downstream collaboration agreement to explore the...

3 July 2024

LG Energy Solution (LGES) announced that it will supply LFP pouch-type EV batteries to Ampere, the EV pure player born from Renault Group, its long-time customer. The two companies signed the supply agreement at Renault's Paris headquarters in France. Under the five-year contract, LG Energy Solution will provide LFP batteries to Ampere from late 2025 through 2030, with a total capacity of approximately 39 GWh...

3 July 2024

Honda Motor has unveiled its updated strategy to achieve its electrification target to make EVs and FCEVs represent 100% of its global vehicle sales by 2040. Firstly, as of 2030, Honda will reduce the cost of the battery to be procured in North America by more than 20% compared to the current battery costs. Secondly, it will establish a competitive business structure to reduce the overall production costs by...

19 May 2024

Honda today exhibited and announced new information about the second set of Honda e:N Series electric vehicle (EV) models, the all-new e:NP2 and e:NS2, at the 18th Beijing International Automotive Exhibition (Auto China 2024), which began today. The all-new Honda e:NP2 goes on sale today from GAC Honda, a Honda automobile production and sales joint venture in China. The all-new Honda e:NS2 will go on sale from...

26 April 2024

Honda announced that it plans to build a comprehensive EV value chain in Canada with an approximate investment of CAD$15 billion (USD$11 billion), including investment by joint venture partners, to strengthen its EV supply system and capability to prepare for a future increase in EV demand in North America. The company has begun evaluating the requirements to build an innovative and environmentally responsible Honda...

25 April 2024

Honda today unveiled the (yè) Series (Ye Series), an all-new EV series Honda will introduce to the Chinese market, including the world premiere of the first set of the Ye Series models, namely (yè) P7 (Ye P7) and (yè) S7 (Ye S7), as well as the concept model for the second set of series models, the (yè) GT CONCEPT (Ye GT CONCEPT). Honda is planning to launch a total of six the Ye Series models in China by 2027. The...

17 April 2024

LG Energy Solution and Honda have erected the final structural steel beam at the joint venture’s new EV battery production facility being constructed near Jeffersonville, Ohio. This major construction milestone comes almost one year to the day after the groundbreaking that took place for the over 2 million square feet facility that is expected to be completed by the end of 2024. Projected to reach an overall...

5 March 2024

LG Energy Solution announced its equity investment in Sion Power, a startup company based in Arizona, U.S. which holds core patents in the field of lithium metal battery technology. A lithium metal battery uses a lithium metal anode instead of a graphite or silicon anode to achieve higher energy efficiency compared to existing lithium-ion batteries. However, progress in its development has been slow due to new...

25 January 2024

LG Display showcases a series of ultra-large automotive display solutions at CES 2024. At its dedicated booth for automotive displays in the West Hall of LVCC, the company unveiled the world's largest automotive display - the 57-inch Pillar-to-Pillar (P2P) LCD - and the largest slidable panel - the 32-inch Slidable OLED. The 57-inch Pillar-to-Pillar (P2P) LCD covers the entire dashboard from the driver's seat to the...

10 January 2024