Battery Manufacturing Jeffersonville, OhioAnnounced Aug 29, 2022

Honda & LG Energy Solution

L-H Battery Company joint venture for Honda/Acura EVs.

Investment
$4.40B
Expected jobs
2,200
Status
Under Construction
Expected opening
Dec 1, 2025
Why it matters

The battery manufacturing context.

US battery-cell manufacturing capacity has roughly doubled every 18 months since 2022. Plants in this sector are foundational to the domestic electric-vehicle supply chain and to grid-scale energy storage required by the renewable build-out. Inflation Reduction Act §45X tax credits underwrite a significant fraction of the operating margin, making the economics workable at US labor costs.

Project record

At a glance

Company
Honda & LG Energy Solution
Industry
Battery Manufacturing
Location
Jeffersonville, Ohio
Investment
$4.40B
Expected jobs
2,200
Status
Under Construction
Announced
Aug 29, 2022
Expected opening
Dec 1, 2025
Added to tracker
Apr 15, 2025
Sources

Official references

Related

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