L-H Battery Company — 40 GWh annual battery cell capacity (Fayette County, OH)
Honda + LG Energy Solution joint venture for 40 GWh/year battery cell plant in Fayette County, OH (Jeffersonville). $4.4B total ($3.5B initial). 2,200 jobs. Mass production target end-2025. Direct response to IRA 45X manufacturing credits.
$4.40B
Deal Value
40,000MWh
Storage
Battery Storage
Technology
OH
Location
Deal Details
- Deal Type
- Manufacturing Investment
- Seller / Sponsor
- L-H Battery Co. (Honda + LG Energy Solution JV)
- Buyer / Financier
- Honda Motor + LG Energy Solution
- Deal Value
- $4.4B total ($3.5B initial commitment)
- Stage
- Construction
- ISO/RTO
- PJM
- Source
- Honda Motor
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