LG Energy Solution says unit to sell $2.86 billion US joint factory assets to Honda unit

Core Viewpoint - LG Energy Solution is selling its Ohio factory building and assets to Honda Development and Manufacturing of America for a total value of $2.86 billion [1] Company Summary - The transaction involves the sale of a factory building and associated assets located in Ohio [1] - The deal is part of LG Energy Solution's strategic moves within the industry [1] Industry Summary - The sale reflects ongoing trends in the electric vehicle supply chain, as companies like Honda are investing in manufacturing capabilities [1] - This transaction may indicate a shift in partnerships and collaborations within the electric vehicle sector [1]