Honda in final talks to build hybrid vehicle plant in Ohio, targeting 2030 production
Honda Motor Co. is in the final stages of planning a new hybrid vehicle factory in Ohio, USA, with an investment of 300-400 billion yen (approximately $2-2.7 billion). The plant is expected to begin production by 2030, pending negotiations with the Ohio state government. The facility would increase Honda's North American annual production capacity by about 10% to over 2 million vehicles, marking its first new U.S. factory in nearly 20 years.
Reference image