. Honda and LG Energy Solution are building a battery factory in Jeffersonville, Ohio. That facility is expected to become operational in 2024 and will have an annual capacity of 40 GWh of battery cells.
In its press release, Honda said, “As part of its goal to achieve carbon neutrality for all products and corporate activities by 2050, Honda has a vision to make battery-electric and fuel cell electric vehicles represent 100% of its vehicle sales by 2040. Even as Honda accelerates preparation for EV production, the company plans to sustain current ICE and hybrid-electric vehicle production in order to continue to meet anticipated strong customer demand through 2030 and beyond.
zshahan3 “Hopefully, it will also spur others — we’re looking at you, Elon — to build affordable electric cars for the masses.” Elon hadn’t thought of this until he read this article