Honda Announces Major EV Manufacturing Investment In Ohio

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Honda and LG Energy Solution have announced a nearly $5 billion investment in electric car production in Ohio.

in Fayette County and the retooling of existing Honda plants in Union, Logan, and Shelby counties for electric vehicle production.

Honda and LG Energy Solution will invest $3.5 billion in the new Fayette County battery plant, which will create at least 2,200 new jobs. A total of $700 million will be invested by Honda to retool its Marysville Auto Plant in Union County, Anna Engine Plant in Shelby County, and East Liberty Auto Plant in Logan County, creating 327 new jobs on top of its current workforce.

Honda has a long and fruitful relationship with Ohio. In addition to its first motorcycle factory, the Marysville Auto Plant produced the first US-made Honda Accord on November 1, 1982. The Anna Engine Plant, which opened in 1985, now produces more than 1 million 4-cylinder, V-6, and turbo engines for Honda auto plants throughout North America. The East Liberty Auto Plant opened in 1989 and has manufactured over 4.5 million Honda and Acura vehicles.

. It is collaborating with General Motors to build two electric SUVs at GM’s Spring Hill factory alongside the Cadillac Lyriq. While GM is touting its Ultium battery technology — jointly developed with LG Energy Solution — LGES is also supplying Honda independently.

 

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Political, business leaders celebrate Honda investment in Ohio battery factoryHonda announced Tuesday that it and LG Energy Solution will spend billions to build a battery factory in Jeffersonville. Thank you, President Biden! That is tremoudous amount of money to waste on a niche market.
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