{"id":518828,"date":"2022-09-02T12:11:41","date_gmt":"2022-09-02T06:41:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518828"},"modified":"2022-09-02T12:11:41","modified_gmt":"2022-09-02T06:41:41","slug":"lg-honda-announce-us-based-joint-venture-to-produce-batteries-for-evs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lg-honda-announce-us-based-joint-venture-to-produce-batteries-for-evs\/","title":{"rendered":"LG, Honda announce US-based joint venture to produce batteries for EVs"},"content":{"rendered":"<p>LG and Honda have come together for a United States-based joint venture (JV), for which they will invest a total of $4.4 billion to set up a plant to produce batteries for electric vehicles (EVs), the two companies have announced in a joint statement.<\/p>\n<p>\u201cOur joint venture with Honda is yet another milestone in our mid-to long-term strategy of promoting electrification in the fast-growing North American market,\u201d said Youngsoo Kwon, Chief Executive of South Korean battery maker LG Energy Solution.<\/p>\n<p>Meanwhile, Toshihiro Mibe, Chief Executive of Japan&#8217;s Honda, described the project as the automaker&#8217;s next step towards its target to achieve carbon neutrality for all its products, as well as the corporate activities it is involved in, by 2050.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LG and Honda have come together for a United States-based joint venture (JV), for which they will invest a total of $4.4 billion to set up a plant to produce batteries for electric vehicles (EVs), the two companies have announced in a joint statement. \u201cOur joint venture with Honda is yet another milestone in our mid-to long-term strategy of promoting electrification in the fast-growing North American market,\u201d said Youngsoo Kwon, Chief Executive of South Korean battery maker LG Energy Solution. Meanwhile, Toshihiro Mibe, Chief Executive of Japan&#8217;s Honda, described the project as the automaker&#8217;s next step towards its target to [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,236],"tags":[],"class_list":["post-518828","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=518828"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518828\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}