Honda to spend $3 billion on new hybrid car plant in Ohio
The automaker announced on Monday the new plant will start production in 2029 and expand its output by 240,000 vehicles a year.
Honda Motor is set to invest $3 billion in constructing a new factory in central Ohio to produce its upcoming generation of hybrid vehicles. The announcement, made on Monday, reveals that the plant will commence operations in 2029 and increase output by 240,000 vehicles annually. This strategic move represents a shift from Honda's focus on electric vehicles, as the company plans to introduce 15 new hybrid models globally by March 2030, with a primary emphasis on the North American market.
According to Bob Nelson, executive vice president of Honda's U.S. business operations, the new plant is not merely an investment in additional manufacturing capacity; it signifies a commitment to the future of Honda Manufacturing in America.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
