TOKYO, Jan 16, 2023 – (JCN Newswire) – LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (Honda) today announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda.

The JV will begin construction of a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion battery cells by the end of 2025. The plant aims to have an annual production capacity of approximately 40GWh. All batteries produced by the new JV will be supplied exclusively to Honda plants in North America to power battery-electric vehicles sold in North America.

The new plant will be located approximately 40 miles southwest of Columbus in Fayette County, near Jeffersonville. LGES and Honda have committed to investing $3.5 billion and creating 2,200 jobs to establish the new production facility. The companies’ overall investment related to the JV is projected to reach $4.4 billion.

About the new JV:

Company name:
L-H Battery Company, Inc. (tentative name)
Location:
Jeffersonville, Ohio, U.S.A.
Capital:
$ 210 million USD (Percentage of ownership: 51% LGES, 49% Honda)
Corporate officers:
Robert H. Lee, CEO (Currently Executive Vice President, North America Regional Group Leader of LGES)
Rick Riggle, COO (Previously Plant Lead of Anna Engine Plant of Honda Development and Manufacturing of America)

Comments by Robert H. Lee, CEO of L-H Battery Company, Inc.

“LG Energy Solution has all the right assets to make this joint venture a success, including the financial stability, quality, competitiveness, and production capacity with global operational expertise,” said Robert H. Lee. “With two companies’ expertise combined, we will provide top quality batteries to ensure the successful launch of Honda EVs in North America, and grow with the community here in Ohio by creating high value jobs.”

Comments by Rick Riggle, COO of L-H Battery Company, Inc.

“The formal establishment of this joint venture between LG Energy Solution and Honda to produce EV batteries in Ohio is another major step toward our electrified future,” said Rick Riggle. “We are excited to move forward with such a strong partner in LG Energy Solution and, together, we look forward to establishing a strong relationship with the community in Fayette County, Ohio.”

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 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.

A Mazda-unique plug-in hybrid model that uses a rotary engine as a generator

HIROSHIMA, Japan, Jan 16, 2023 – (JCN Newswire) – Mazda Motor Corporation unveiled the Mazda MX-30 e-Skyactiv R-EV, a plug-in hybrid model that uses a rotary engine as a generator, at the Brussels Motor Show(1) today.

The leading product for Mazda electrification, the Mazda MX-30 launched in 2020 as Mazda’s first mass-production battery electric vehicle, with a mild hybrid model joining the product lineup for some markets. With “living true to yourself” as the product concept, the MX-30 has offered pure, pleasant drive, an exterior with a familiar, approachable look, and a cabin space that settles the mind and heart through the use of materials with a warmth to them–all elements that make time spent with the car and experiences enjoyed alongside it creativity-inspiring for owners.

The MX-30 e-Skyactiv R-EV is a series plug-in hybrid that continues to deliver the same customer value as the original MX-30 while simultaneously offering owners new ways of using their car as a battery electric vehicle. The MX-30 e-Skyactiv R-EV has an 85 km battery electric driving range(2) sufficient for a wide range of everyday driving needs as well the ability to use a generator to enable long distance drives. On top of this, the entire driving range is motor-powered.

Mazda chose to use a rotary engine to power the generator system. Levering the unique way in which rotary engines can produce the required output with a small power unit, Mazda developed the new rotary engine(3) to work as a generator and positioned it on the same axel as a high-output motor and a generator in the motor room. Mazda then paired this compact electric power unit with a 17.8 kWh lithium ion battery and a 50 L gas tank to achieve the unique series plug-in hybrid system.

The MX-30 e-Skyactiv R-EV also supports customers with an active lifestyle by offering features including compatibility with both normal and fast charging, 1,500 W power supply functionality, and three drive modes drivers can choose from to suit different driving situations: Normal, EV, and Charge modes.

Additionally, the MX-30 e-Skyactiv R-EV will be available in a special edition model: “Edition R.” Edition R vehicles feature black-based exterior and interior trims with Maroon Rouge Metallic, a remake of the roof color of Mazda’s first passenger vehicle, the Mazda R360 Coupe, as an exterior accent color. It also includes exclusive design elements such as a rotor-shaped emblem sewn into the floor mats and embossed on the seat headrests.

In moving toward 2030, Mazda will aim to continue research based on its human-centered philosophy, create more moving experiences for people to enjoy while driving in their daily life, and deliver more enjoyment to everyday life which will uplift and energize people.

(1) Press day is January 13 and public entry is between January 14-22.
(2) Electric-only driving range: The European WLTP test cycle value when EV mode is selected as the drive mode. This value is based on specific test conditions and actual electric-only driving range will vary depending on actual driving conditions. Additionally, in situations such as if the driver needs to accelerate suddenly and purposefully depresses the accelerator pedal significantly beyond a certain point (equivalent to the kickdown switch function on a standard automatic transmission vehicle), the power generation system will activate and generate the energy for the required output.
(3) The engine type is 8C.

If you love speed and the thrill of driving, motorsport might be just a thing for you. It can become a fulfilling hobby or a full-time career for some. College is a good time to start with it. This guide is all about how students can start in motorsports.

What You Need to Know Before Committing

First of all, there are plenty of different types of motorsports. Some are more open to beginners, while others are less inclusive. They also differ in terms of rules and investment one needs to make. It means not only investing your money but also time.

This is something a lot of students might struggle with. Colleges are notorious for sleepless nights due to the coursework load. Students often have difficulties with the amount and scope of written assignments. But this is something a professional write my paper for me can help you with. Academic writing services include writing, editing, and proofreading assistance. And this covers all types of college papers you might deal with, whether it is an essay or dissertation.

Experienced writers can nail any subject with ease and deliver excellent results just in time. Also, you get professional advice and guidance, which is always a benefit. So it is an overall win-win situation. Whether students need some free time or lack confidence in their writing, research authors are ready to help at any moment.

This might come in handy as motorsport requires dedication and training if you want to give it a chance. As for types of motorsports, they can include racing or not. The most well-known and popular ones are:

• Open wheel racing (like Formula One, Formula E, or IndyCar Series);
• Enclosed wheel racing;
• Autocross;
• Rallycross;
• Track days;
• Go-Karts;
• Time trials;
• Drifting;
• Road racing;
• Rally.

There are also many niche options like motorboat racing or even lawn mower racing. So the choice is quite big. The difference is in the type of vehicle, rules, and amount of money you are willing to invest. Also, students might choose what is closer to their liking.

How Easy is It to Get into Different Motorsports

Like any other sport, it depends on the level you want to pursue and the type of competition. The hardest to get is professional racing. But if you are interested in an amateur or hobby level, it is much easier.

For instance, autocross is the cheapest and easiest way to start. The usual event costs about $50 to participate in, and you can ride your own vehicle. Often you get to compete with the clock and set a new speed limit for yourself. Students will need a car, a safety helmet, and some motivation to win; that’s it. It is also the safest type because there is only one car on the track.

Rallycross is also pretty affordable and costs approximately the same $50 per event. Usually, the events take place in the field and involve a lot of dirt. Students will need a car in good condition and a helmet. Overall, it is pretty safe but it can cause more wear to your vehicle because of different obstacles like stones or ruts.

Track days are beginner-friendly as well because you can use your own car. Here you get to explore road racing tracks and learn how to do fast laps and different maneuvers. But it is more expensive as one event might go up to $200-300. Often students get to work with an instructor and have a couple of hours on a track.

Go-Karts are pretty fun and open to beginners. Students can rent a kart or buy their own one if they have more money to invest in the sport. It would be reasonable to start with renting and commit to a purchase only when you are serious about it. You also will need a bit more safety equipment. Events differ in price and might cost anything from $100 to $1000.

Drifting is quite a popular type of motorsport and requires minimal additional equipment (a helmet is usually good to go). Here the focus is on the style of driving, control of the vehicle, and maneuvers. So it is better to start with an instructor. You can use your car and participate in events that cost around $200-500 a time.

Road Racing is one of the most exciting ones for many drivers. It can be quite expensive, but the cost depends on the type, event, and vehicle requirements. Beginners usually start with budget endurance or club racing. Overall, it is better to join a professional organization to get access to various vehicles. This one is also expensive in terms of taking care of race cars and safety gear.

Students can join college or student motorsport leagues and organizations.

How to Start in Professional Racing

If you try different types of motorsports and decide to go to a higher level, you might want to get into professional competition. Here are several steps to take:

• Save some money for the gear, courses, and vehicle tools;
• Get experience in go-karts (it is the most popular option) and acquire safety equipment like a helmet, gloves, rib protector, and suit;
• Participate in track days;
• Get a race license;
• Enter competitions, championships, or series. This depends on the type of racing and your experience.
• Prepare the vehicle. It is great if you already have an appropriate car. But there are also options to go for “arrive and drive.” Some teams and series offer this opportunity to drivers. In such a case, you get a car provided and ready for this particular race.

It is important to know that the licenses depend on the country of residence and the type of motorsport. For beginners, it is important to learn not only the rules but also to practice a lot.

In Summary

Whether you want to pursue motorsports as a hobby or as a career, college is a good time to start. The earlier you get in, the better it is. Students might begin with easier and cheaper types of motorsports to build skills and find what they like before committing to an expensive racing vehicle. 

Slot gaming is without a doubt one of the most popular forms of online gambling that exists. It’s the favorite of millions of gamblers, all over the world.  It’s also a popular in-person casino game, too. If you have ever been to a casino before, then you will have probably seen rows and rows of people sitting in front of slot machines.

However, slot gaming isn’t as straightforward as a lot of people think it is. Choosing the right game client can actually be very difficult.

This post will explore this topic in more detail, explaining how to find, choose, and enjoy the best online slot clients:

Casino Bonuses

If you’re planning on taking up online casino gaming, regardless of the game you’ve chosen to play, you should always try to make use of bonuses. A bonus is a financial gift that’s given to casino players, in order to encourage them to spend money. Some of the web’s best slot games, like Slot Olympus, have bonuses on offer. One thing that you do need to know is that it’s common for online casinos to try and restrict the amount of money you can make back from bonuses, due to bonus abuse rules. Read your chosen casino’s bonus abuse rules before playing.

Online Reviews

There are lots of casinos operating online. Finding one shouldn’t be difficult. What might prove to be difficult is finding a good one. One of the most effective ways of determining whether a site’s worth using or not is to read its reviews. A casino’s reviews will give you a clear idea of what its regular users think of them. Avoid reading on-site reviews, because they are nearly always biased. Why would a casino want to allow negative reviews of themselves to be posted on their own site, after all?

Progressive Jackpots

If you’re not sure what to play, then search for a slot game with a progressive jackpot. You can make an absolute fortune playing progressive slot games. These games have a jackpot that’s added to by each player, every time they spin. A small amount of your wager will be deducted and added to the jackpot. Then, once the jackpot has reached a satisfactory amount, it’s paid out to random players. You can make an absolute fortune playing progressive slot games, so give them some consideration.

Gaming Responsibly

Slot gaming should be fun. If at any point it becomes stressful or gives you anxiety, it’s time to stop. A lot of people do not understand the harm gambling can have on their lives. A gambling addiction could lead you to financial ruin. Fortunately, spotting the signs of addiction early can help to prevent one from taking hold of you. Additionally, never spend more than you can afford to lose. It’s easy to get caught up in slots, but don’t let yourself overspend. One way of limiting the amount that you spend is by setting your own limits, which most casinos allow you to do.

Slots can be a lot of fun. If you’re interested in slot gaming, then why not give this post a read, and implement the guidance given here? Take care when choosing a slot client, so you can find the one that’s right for you.