Honda announced that it will build a new finished-vehicle plant in Ohio, US, to expand hybrid vehicle production. Operations are targeted to begin in 2029, with the investment estimated at approximately $3 billion.
Honda announced that it will build a new finished-vehicle plant in Ohio, in the US Midwest, to expand production of hybrid vehicles (HV). The plant is positioned as a hub for increasing finished-vehicle production capacity and is expected to contribute to strengthening the company’s global supply chain.
The new plant is scheduled to begin operations in 2029, with total investment reportedly amounting to approximately $3 billion (about ¥470 billion). Details such as specific production volumes and workforce size are expected to be announced at a later date.
The move is seen as part of Honda’s efforts to strengthen its production capabilities centered on HVs, and is positioned in the context of reinforcing its US production system and promoting electrification. Attention is focused on future official announcements and developments involving related companies.