Honda said on Tuesday it is spending $700 million to retool three of its Ohio plants to build electric vehicles as it aims to phase out gas engines by 2040. Batteries for the electric vehicles from Ho
Honda is the latest car company with plans to manufacture lithium-ion batteries in the U.S. The automaker said Monday it is forming a joint venture with LG Energy Solutions to supply the North America
South Korea’s electric vehicle battery maker LG Energy Solution made a successful market debut on Thursday. The market capitalization of LG Energy stood at $98.3 billion (118 trillion KRW) at the cl
Stellantis, the automaker formed through a merger with Fiat Chrysler Automobiles and Groupe PSA, has reached a preliminary deal with LG Energy Solution to produce battery cells and modules in North Am