Hiring at the joint venture plant has begun, with new jobs being posted on joint venture website.

JEFFERSONVILLE, Ohio (February 29, 2024) – LG Energy Solution and Honda today marked Leap Day by erecting the final structural steel beam at the joint venture’s new EV battery production facility being constructed near Jeffersonville, Ohio. This major construction milestone comes almost one year to the day after the groundbreaking that took place for the over 2 million square feet facility that is expected to be completed by the end of 2024.

Projected to reach an overall investment of $4.4 billion and create some 2,200 new jobs, the joint venture aims to start mass production of pouch-type lithium-ion batteries in 2025, to be supplied to Honda auto plants to produce* EVs to be sold in North America.

“Today is an important milestone for the LG Energy Solution-Honda team as the structure of the EV battery production facility takes its final shape,” said Bob Lee, CEO of the LG Energy Solution-Honda joint venture. “One year ago, we were breaking ground in an empty field and today we can see the finish line for this project, and we want to thank everyone working at the site and the local community who have made this possible.”

Hiring Underway
In addition to the construction progress, hiring is underway for the plant. A variety of engineering and support positions are currently posted on the company website, with information about technician and production roles expected to be announced in the coming months.

“This is a very exciting moment as we take the first steps to assemble our new team for the joint venture EV battery facility being established by LG Energy Solution and Honda,” said Rick Riggle, COO of the new joint venture company. “We will continue to announce new career opportunities in
the coming months that we hope will inspire the next-generation workforce to get involved in the advanced manufacturing roles that will help produce* lithium-ion batteries and will power the Acura and Honda EV models that will go into production in Ohio in late 2025.”

For more information about careers at the LG Energy Solution-Honda joint venture facility, go to www.lgeshonda.com/careers to get the latest updates on open roles and information about how to apply. Starting March 11, you can visit the OhioMeansJobs Fayette County Recruitment Center at Destination Outlets located at Suite 8120 Factory Shops Blvd. in Jeffersonville.
*Using domestic and globally sourced parts

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About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda Motor Co. Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://www.lgensol.com.

About Honda Manufacturing in America

Honda has been producing automobiles in America for over 40 years, beginning in November 1982, beginning in November 1982 with the start of automobile production at the Marysville Auto Plant.

In 2022, more than two-thirds of all Honda and Acura automobiles sold in the U.S. were made in
America, using domestic and globally sourced parts. Honda’s cumulative auto production in America
now exceeds 30 million vehicles.
Honda established manufacturing operations in America in 1979 with the start of motorcycle
production in Marysville, Ohio, and today has one of the largest and most diverse U.S. manufacturing
footprints of any international company. More than 23,000 U.S. associates support the company’s 12
manufacturing plants in America, supporting operations that have an annual capacity of more than
1.27 million automobiles, 1.52 million engines, 500,000 power equipment products and 300,000
powersports products, as well as the HondaJet advanced light jet and GE Honda HF120 turbofan
engines.
Cumulatively, Honda has invested $1 9 billion in it s U.S. manufacturing operations, including more
than $3.6 billion over the past five years alone. The company also works with 600 U.S. original
equipment suppliers, with U.S. sourced parts purchases of approximately $492 billion since 1979.
Learn more at https://hondainamerica.com/
More information about Honda is available in the
Digital FactB ook .

JEFFERSONVILLE, Ohio (June 20, 2023) – LG Energy Solution and Honda marked another major milestone of construction for its new joint venture EV battery facility this week when the first steel beam was installed at the plant site in Jeffersonville, Ohio. The companies have committed to invest $3.5 billion, with plans to create 2,200 jobs, in the over 2 million square feet facility, with an overall investment projected to reach $4.4 billion.
“There are many beginnings when you form a new company to build a new facility, but today is an important milestone for the LGES-Honda team, for the local community and everyone working at the site to create our new EV battery facility,” said Bob Lee, CEO of the new LGES-Honda joint venture. “Construction is on track and we look forward to reaching many more milestones on the way to starting production of EV batteries in 2025.”
The new joint venture facility is scheduled to be completed by the end of 2024, with an annual production capacity of approximately 40GWh. The joint venture aims to start mass production of pouch-type lithium-ion batteries in 2025, to be supplied exclusively to Honda auto plants to produce* EVs to be sold in North America.
Future employment information and other updates regarding the LGES-Honda joint venture operation can be found at www.lgeshonda.com.

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*Using domestic and globally sourced parts
About LG Energy Solution
LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 25,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda Motor Co. Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://www.lgensol.com.
About Honda Motor Co., Ltd.
Honda Motor Co., Ltd. (NYSE: HMC) is responsible for the development, production and sales of automobiles, motorcycles, power products and aviation products worldwide. Honda now delivers over 30 million products annually through its three product lines. Honda and its partners build products in more than 60 manufacturing plants in 27 countries, employing about 220,000 associates globally. On a global basis by 2050, Honda is striving to achieve carbon neutrality for all products and corporate activities, as well as zero traffic collision fatalities involving Honda automobiles and motorcycles.
Media Contacts:
Sally Seung Yeon Lee
Global Communications Team / LG Energy Solution lsyciel@lgensol.com
+82 2 3773 6571
Sophia Sojeong Kim
Global Communications Team / LG Energy Solution
sophiakim32@lgensol.com

• 82 2 3773 4496
  American Honda Motor Co., Inc. Chris Abbruzzese Chris_Abbruzzese@na.honda.com

• Event at Fayette County Airport to include complimentary barbecue for community members
• Opportunity to “meet and greet” leaders of new joint venture EV battery facility

JEFFERSONVILLE, Ohio (May 22, 2023) — Honda and LG Energy Solution (LGES) will host a community barbecue on June 3 at the Fayette County Airport in Washington Court House to thank local leaders and residents for welcoming the new joint venture battery plant to Jeffersonville, to provide more information about the future operations and to meet and greet the leaders of the new facility that broke ground on Feb. 28, 2023.

The community event will take place from 11:00 a.m. to 3:00 p.m. EDT and include a complimentary barbecue meal, visits from local and state government officials, and displays providing information about future job opportunities. Company officials will be available to answer questions about the facility.

“We are grateful for the warm welcome our new joint venture battery plant has received from Fayette County and we look forward to meeting more of our new neighbors at this community barbecue,” said Bob Lee, CEO of the Honda and LGES JV company. “We hope our new neighbors will bring their families and friends to learn more about our new manufacturing facility.”

With a commitment from Honda and LGES to invest $3.5 billion in the new facility and overall investment projected to reach $4.4 billion, the new joint venture plans to create 2,200 jobs to produce lithium-ion batteries to power electric vehicles (EVs) built at Honda plants in North America. Honda previously announced that it will begin EV production with the establishment of an EV Hub in Ohio, including three existing auto plants. Construction is scheduled to be completed by the end of 2024, with mass production to begin in 2025.

“With more than four decades of experience creating quality products in Ohio, providing fulfilling careers, and investing in our associates and local communities, Honda is excited to bring that same approach to Fayette County with our new partner, LGES,” said Rick Riggle, COO of the Honda and LGES JV company. “We look forward to meeting more of our new neighbors, including those who will become our future associates.”

Fayette County Airport is located at 2770 OH-38 in Washington Court House. Outdoor tables and seating will be available at the event, as well as shaded areas inside several of the airplane hangars. Free parking will be available onsite. Restrooms and infant changing stations also will be available.

              To learn more about the battery plant or to contact the team with comments or questions, visit www.lgeshonda.com.

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About LG Energy Solution

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 25,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda Motor Co. Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://www.lgensol.com.

Honda Manufacturing in Ohio

Honda has produced automobiles in Ohio for over 40 years, beginning in November 1982 with the start of automobile production at the Marysville Auto Plant.

Honda established U.S. manufacturing operations in Marysville in 1979 with the start of motorcycle production. Today, Honda employs more than 15,000 associates in Ohio across five plants with total capital investment of more than $13 billion and the capacity to produce 680,000 Honda and Acura automobiles, 1.18 million automobile engines, and over 1 million automobile transmissions and two-motor hybrid systems, using domestic and globally sourced parts.  

Honda’s five Ohio manufacturing facilities include three auto plants, the Marysville Auto Plant, East Liberty Auto Plant and Performance Manufacturing Center, as well as the Anna Engine Plant and Russells Point transmission plant. The company has invested $2.7 billion in these facilities over the past six years, continually modernizing equipment and adopting new technologies to advance quality and efficiency for Honda and Acura customers here and around the world. In 2022, Honda announced its commitment to invest $700 million to re-tool several existing auto and powertrain plants in Ohio for production of electric vehicles, which will serve as Honda’s new EV Hub for the start of EV production in the U.S.

Learn more at https://ohio.honda.com/.

Learn more with Honda’s Digital FactBook.