Honda Motor and LG Energy to build $4.4 billion US electric battery factory

Honda Motor and LG Energy to build $4.4 billion US electric battery factory

TOKYO/WASHINGTON, Aug. 29 (Reuters) – Japan’s Honda Motor Co. (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery provider LG Energy Solution Ltd (373220.KS), the two companies said. Monday. Battery makers are looking to ramp up production in the United States as the shift …

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