Demand cooling impacts supply chain: LG New Energy sells battery factory to Honda for 2.9 billion US dollars.

Zhitong Finance APP learned that, as the cooling demand for electric vehicles in the United States continues to affect the industry supply chain, LG New Energy will sell its facilities and other assets located in a joint venture battery factory in Ohio to Honda (HMC.US) for approximately 42 trillion Korean won (29 billion US dollars).