Honda Motor and LG Energy Solution plan to build a multibillion-dollar EV battery factory in Ohio, people familiar with the matter said, the latest tie-up between auto makers and battery suppliers seeking to expand capacity
President Biden’s Inflation Reduction Act calls for at least 50% of an electric vehicle’s battery to be made in the U.S. to qualify for a federal discount. WSJ’s George Downs breaks down a battery to explain why that’s going to be a challenge.
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