LG Energy Solution-Honda EV Battery Plant in Ohio Takes “Leap” Forward as Final Structural Beam Marks Major Construction Milestone

LG Energy Solution and Honda today marked Leap Day by erecting 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 investment of $4.4 billion and create some 2,200 new jobs, the joint venture aims to start mass production of pouch-type lithium-ion batteries in 2025, to be supplied to Honda auto plants to produce* EVs to be sold in North America.

“Today is an important milestone for the LG Energy Solution-Honda team as the structure of the EV battery production facility takes its final shape,” said Bob Lee, CEO of the LG Energy Solution-Honda joint venture. “One year ago, we were breaking ground in an empty field and today we can see the finish line for this project, and we want to thank everyone working at the site and the local community who have made this possible.”

Read the full press release here.