LG Energy Solution and Honda have announced to establish a joint venture to build a $4.4 billion EV battery plant in the United States - Ingenious e-Brain

LG Energy Solution and Honda have announced to establish a joint venture to build a $4.4 billion EV battery plant in the United States

News Source:- >> | Image Source:- >>

Korean battery supplier LG Energy Solution Ltd. and Japan’s Honda Motor Co will build a new $4.4 billion lithium-ion battery gigafactory for electric vehicles in the United States. The plant is expected to have an annual production capacity of roughly 40 GWh of pouch-type cells, which is equivalent to about 400,000 battery packs of 100 kWh each.

The use of pouch-type cell design for lithium-ion batteries reduces the weight and cost, as well as optimizes packaging efficiency at the battery level. The use of pouch-type batteries is gaining potential interest from EV makers, as researchers suggest that over 45% of batteries used for electric vehicles (EV) will be pouch-type batteries by 2025.

=========================================================================================================

About Ingenious e-Brain Solutions:-

Ingenious e-Brain Solutions provides high-quality, customized and cost-effective Technology Research, Business Research, and Intellectual Property Research solutions to industry leaders, and innovative companies across the globe. Innovation, knowledge and transparency form the basis of our company’s mission and vision. Along with cost benefits, we provide highest quality results ensuring fool-proof confidentiality and security. We are an ISO certified company with offices in India and USA.

Ingenious e-Brain Solutions has a strong team of analysts, and subject matter experts with domain proficiency which is devoted to help clients grow. Our highly qualified professionals offer tailored, value-added and cost-effective services to our clients. We believe in building long term relationships with our clients who include national and international corporations, Fortune 500 companies, world’s leading research institutes and universities as well as independent inventors.

Get in Touch:-
India Office
207-208 Welldone TechPark, Sohna Road
Sector 48, Gurugram,Haryana 122018, India
+91 124 429 4218

Email:-
queries@iebrain.com

CONNECT With
our Experts










    checkbox: "

    "