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Honda and LG Energy Solution prepare to break ground on $3.5 billion EV battery plant


Drone view of the{ }1,500 acres of land that would soon be home to Honda and LG Energy Solution's $3.5 billion EV battery plant in Fayette County. (WSYX)
Drone view of the 1,500 acres of land that would soon be home to Honda and LG Energy Solution's $3.5 billion EV battery plant in Fayette County. (WSYX)
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Governor Mike DeWine joined executives from Honda and LG Energy Solutions as they broke ground on their new EV Battery Plant in Fayette County.

The site is near Jeffersonville, Ohio at I-71 and U.S. Route 35. It sits on more than 1,500 acres of land.

Officials announced the $3.5 billion electric vehicle battery plant would be coming to the area in October 2022.

The joint venture between Honda and LG Energy Solutions would bring 2,200 jobs to the state.

Residents living in Jeffersonville, a village that is three miles north of the area where Honda's plant is being constructed, said the facility could be life-changing for them as it would create more opportunities in their rural town.

MORE: 'This could be life changing,' Fayette Co. families react to Honda EV plant announcement

Construction is expected to be underway in Fayette County. The companies hope the project is complete by the end of 2024.

Attendees of the groundbreaking include:

  • Ohio Governor Mike DeWine and Lt. Governor Jon Husted
  • Robert H. Lee, CEO of the new joint venture company
  • Rick Riggle, COO of the new joint venture company
  • Toshihiro Mibe, President & CEO of Honda Motor Co., Ltd.
  • Dong-Myung Kim, President of the Advanced Automotive Battery Division of LG Energy Solution

The groundbreaking in Fayette County follows President Joe Biden’s visit to Licking County for the groundbreaking of Intel’s $20 billion semiconductor facility.

Honda said it aims to make battery-electric and fuel-cell electric vehicles 100% of its vehicle sales by 2040.

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