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Honda, LG Energy Plan $4.4 Billion EV Battery Factory in U.S.

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Honda, LG Energy Plan .4 Billion EV Battery Factory in U.S.


TOKYO—

Honda Motor Co.

HMC -2.55%

and

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LG Vitality Answer Ltd.

373220 -1.29%

mentioned Monday they plan to construct a $4.4 billion electric-vehicle battery manufacturing facility within the U.S., the newest tie-up between auto makers and battery suppliers looking for to increase capability by sharing upfront prices.

The businesses mentioned they plan to start building of the manufacturing facility early subsequent yr and begin mass manufacturing by the tip of 2025. The manufacturing facility goals to have an annual manufacturing capability of about 40 gigawatt-hours and can provide its output solely to Honda amenities in North America, they mentioned.

The businesses didn’t disclose the place within the U.S. the manufacturing facility can be constructed, however folks conversant in the matter mentioned it was deliberate for Ohio.

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Tokyo-based Honda and South Korea’s LG Vitality be part of a rising roster of joint ventures between automobile makers and battery suppliers planning new factories within the U.S.

In January, Normal Motors Co. mentioned it will construct a $2.6 billion battery plant in Lansing, Mich., with LG Vitality. 4 months later,

Stellantis

NV and South Korea’s

Samsung SDI Co.

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mentioned they might staff up on a $2.5 billion plant in Indiana.

With battery costs surging on the again of rising demand and skyrocketing uncooked materials prices, extra inter-industry partnerships are more likely to kind over the subsequent few years, based on S&P World Rankings. Auto makers are spending extra on their battery provide chains and that’s main them to go for EV tie-ups to realize economies of scale, based on a latest S&P report.

Auto makers are additionally deepening ties with the three greatest battery makers—China’s

Up to date Amperex Know-how Co.

or CATL, LG Vitality and Japan’s

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Panasonic Holdings Corp.

—all of that are shifting to increase capability on their very own.

Tesla Inc.

provider Panasonic is constructing a $4 billion EV battery plant in Oklahoma, The Wall Road Journal reported final week. That comes after the Japanese firm introduced a plant of comparable dimension in Kansas in July.

S&P World Rankings expects CATL, LG Vitality and Panasonic to retain greater than 50% of the market share for EV batteries by way of 2025.

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For Honda, the Ohio plant represents one of many first main investments it has made in constructing out its personal EV battery provide chain. GM and Honda are collectively creating a line of reasonably priced EVs, deepening strategic ties as they break up improvement prices.

Write to River Davis at river.davis@wsj.com and Dasl Yoon at dasl.yoon@wsj.com

Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Ohio funeral home to be first in state to serve alcohol during services: ‘Party planner for the dead’

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Ohio funeral home to be first in state to serve alcohol during services: ‘Party planner for the dead’


If you can’t raise the dead, might as well raise a glass to them!

An Ohio funeral-home owner says he wants to be “a party planner for the dead”  — by opening the state’s first bereavement center with booze.

Evergreen Funeral Cremation and Reception in Columbus hopes to soon have a liquor license to allow his patrons to mix mourning with merriment.

“My role in this position is to kind of be a party planner for the dead,” Hunter Triplett, the owner of Evergreen Funeral Cremation and Reception in Columbus, told WSYX.

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“Be more of a celebration of life than more of the multi-day traditional services.”

Evergreen would be the first funeral home in Ohio to serve alcohol if it receives its license. Google Maps

As his family was applying for the liquor license, Triplett said inspectors told them Evergreen would be the first funeral home in the state allowed to serve alcohol.

“We will only be serving alcohol when people are on this premises and remain on the premises until the continuation of the services just for the safety of the people in the community around,” said Triplett, whose family bought the property in 2015.

A funeral home bar would not only allow mourners to send off their loved ones in a spirit of festivity, Triplett thinks, but would help them save possibly thousands by rolling the whole funeral experience — wake, service, burial, reception — into one package.

Located in an old chocolate factory building since 2015, Evergreen has sprawling facilities and is located directly across the street from a cemetery.

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Evergreen owner Hunter Triplett says he’s becoming a “party planner for the dead” by encouraging festive services. WSYX ABC 6

“It’s kind of like a one-stop shop for funeral service. The package being around $5,000-$6,000, contrary to the national average, which can be upwards of $10,000.”

If approved for a D3 license, Evergreen would be permitted to sell beer, wine and hard liquor for consumption on-site.

Though some states ban the service of food or drinks at funeral homes — including New Jersey, North Dakota, Massachusetts, and Connecticut — alcohol at funeral homes has been on the rise in recent years.

“People used the phrase over and over again that the funeral homes were like a ‘dark lifeless tomb’ with a certain smell to them and certain look to them,” said Scott Mueller of Mueller Memorial in White Bear Lake, Minnesota.

Evergreen hopes to roll the entire process of a funeral — from wake to service to reception — into one package WSYX ABC 6

“People said, ‘When we go, we want to have a party atmosphere. More of a celebration.’ So we decided to put a bar in,” he told NBC News in 2017. “People used to say, ‘I can’t believe you used to keep the hearses in here,’ or say, ‘I think I can smell something.”

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And at Monahan Funeral Home in Providence, Rhode Island, the owners’ converted their old attached garage into a fully functioning pub — which mourners often pour into once they finish the funeral service.

New York state revised its laws in 2016 to allow food and beverages to be served at funeral homes.

Evergreen hopes to have its license and begin serving in early 2025.



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Ohio Lottery: Zanesville player wins $100,000 on new scratch-off

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Ohio Lottery: Zanesville player wins 0,000 on new scratch-off


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COLUMBUS − A lucky lottery player from Zanesville has won $100,000 playing the Ohio Lottery’s new scratch-off Linked Wins.

The winner purchased their ticket at Speedway on Maysville Avenue, according to the Ohio Lottery.

After mandatory state and federal taxes totaling 28 percent, the winner will take home approximately $72,000.

Linked Wins is a $5 scratch-off with a top prize of $100,000. As of Dec. 16, there are three top prizes remaining in the game.       

Learn more about Linked Wins and other Ohio Lottery scratch-offs at Ohio Lottery.       

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The Ohio Lottery has contributed more than $33 billion to education since 1974. For more information about the Ohio Lottery and its contribution to education, visit www.ohiolottery.com/supportingeducation.



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Former resource officer at Ohio school gets 18 months in prison for sexual battery of student

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Former resource officer at Ohio school gets 18 months in prison for sexual battery of student


EATON, Ohio — A former sheriff’s deputy who was a resource officer at a school in western Ohio was sentenced Monday to 18 months in prison after he was convicted last month of multiple charges for the sexual battery of a student.

Mason Williams, 26, of Eaton, also must register as sex offender for the rest of his life when he’s released from prison, according to a news release from the Ohio Attorney General’s Office.

“You can’t do your job of keeping kids safe at school when you lack the judgment to know that students are off-limits for sexual relationships,” Attorney General Yost said in a statement. “He’s an embarrassment to the badge and he has rightfully earned the label of sex offender.”

Williams was a deputy for the Preble County Sheriff’s Office and was the resource officer at National Trail High School in New Paris, Ohio, which is west of Dayton near the Indiana border. He was arrested in March after being accused of having an inappropriate relationship with an 18-year-old student.

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Ohio law prohibits those in a position of power from engaging in sex with a student enrolled at the school where they work, regardless of the student’s age or whether the two consider the relationship to be consensual, prosecutors say.

“Parents shouldn’t have to worry about predators when they send their kids to school,” Yost said in an earlier statement. “There is no age or no so-called consent that makes a school employee having sex with a student appropriate.”

In November, Williams was convicted of three third-degree felonies — two counts of sexual battery and one count of tampering with evidence. Investigators discovered Williams deleted electronic correspondence with the victim, prompting the tampering charge.



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