Honda Makes Major Investment in Ohio to Create New Electric Vehicle Hub
Honda today announced two major investments in Ohio, including $700 million to re-tool several of its existing auto and powertrain plants for production* of electric vehicles and $3.5 billion with LG Energy Solution (LGES) to establish a previously announced joint venture facility to produce the battery modules to power them, pending final government approvals. The JV battery plant will be located in Ohio's Fayette County, about 40 miles southwest of Columbus
By AP News
Published - Oct 11, 2022, 01:08 PM ET
Last Updated - Jun 13, 2024, 06:59 AM EDT