Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as it starts to turn the state into its North American electric vehicle hub.
factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.
In addition, Honda's assembly plants in Marysville and East Liberty, northeast of Columbus, and its engine plant in Anna north of Dayton, will share in the $700 million investment. The Anna plant will make cases to hold the battery cells, while the other two plants will build complete electric vehicles.Construction on the battery plant will start early next year, with mass production of pouch-type lithium-ion cells to begin by the end of 2025.
Honda plans to start selling models built on its own EV underpinnings starting in 2026, but it will also continue to co-develop affordable EVs with GM, to be built by Honda. The Japanese automaker plans to introduce 30 new electric vehicles globally by 2030, with plans to sell all zero-emission automobiles by 2040.
In addition, Ford, GM, Hyundai-Kia and VinFast have announced plans to build new electric vehicle assembly plants in the U.S., or to retool older plants to handle EVs.
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