LG Energy Solution To Sell Ohio Battery  Facility To Honda For $2.85 Billion ...Middle East

South Korea’s LG Energy Solution has agreed to sell the building and fixed-asset components of its Ohio electric vehicle battery plant to Honda Development and Manufacturing of America for ?4.22 trillion ($2.85 billion), according to company disclosures cited by Yahoo Finance. The facility is part of the $4.4 billion battery manufacturing joint venture between LG Energy Solution and Honda Motor that was announced in 2022 and is currently under construction. The transaction involves only the physical plant assets, not the joint venture itself.…

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