Honda, LG Energy To Build EV Factory In The US, To Be Located Somewhere In Ohio -- August 29, 2022

Disruptive:

• EVs: link here. Scorecard. 

From The WSJ today: Honda, LG Energy plan $4.4 billion EV battery factory in the US, location said to be somewhere in Ohio, the same state as Honda's longstanding auto plant in Marysville.

• The companies did not name the location.
• The U.S. plant represents the first major investment Honda has made in building out its own EV battery supply chain since announcing plans to go all-electric a little over a year ago. The Japanese auto maker is targeting a full switch to EVs and fuel-cell cars by 2040.

Now would be a great to read the Claremont Book Review essay.