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  • ✇Bloomberg Markets
  • Honda to Buy LG Battery Assets in Ohio for $2.9 Billion
    Honda Motor Co. will buy out LG Energy Solution Ltd.’s facilities and other assets from their joint battery plant in Ohio for about 4.2 trillion won ($2.9 billion) as America’s pullback in electric vehicles continues to ripple across the industry’s supply chain.
     

Ford Scraps $6.5 Billion EV Battery Contract With Korea’s LG

17. Dezember 2025 um 09:12
Ford Motor Co. canceled a 9.6 trillion won ($6.5 billion) battery agreement with LG Energy Solution Ltd. after the US automaker rolled back its electric vehicle ambitions.

Ford announced it would take $19.5 billion in charges tied to a sweeping overhaul of its EV business. Photographer: Alex Kraus/Bloomberg
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