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Honda makes progress in creating EV Hub in Ohio, plans to employ 300 associates, with EV production starting by 2025; Honda is also partnering with LG Energy Solution for a US$3.5B investment in a new joint venture facility

Ultium Cells Spring Hill, Tennessee, plant ships first batch of battery cells to GM after two and a half years of operation; Ultium Cells is a JV created by GM and LG Energy Solution

South Korean company Bobaek America to build C$35.0M EV battery parts factory in Windsor, Ontario, to supply Stellantis and LG Energy Solution's NextStar battery cell plant in Ontario; facility to create 144 jobs

Partnership between LG Energy Solution, Ford and Turkish firm Koc Holding to build battery plant in Turkey collapses as Koc withdraws due to concerns over EV adoption and timing of battery investments; plant was to have annual output of 45GWh

Toyota signs deal with LG Energy Solution for 20 gigawatt-hours of high-nickel NCMA pouch-type battery cells and modules annually for Toyota's US-produced EVs from 2025; LG investing US$3B in Holland, Michigan, battery plant

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