Honda Starts Another Era of American Investment with New, Major Electric Vehicle Manufacturing Hub
At Honda, we believe in building our products close to our customers. That’s why, 40 years ago, we made the bold decision to begin building automobiles in America. Four decades and 30 million vehicles later, and now 30,000+ associates strong, Honda has built a legacy of producing high-quality, affordable vehicles in America. Today, as we work toward our vision to make EVs represent 100% of our U.S. vehicle sales by 2040, Honda is re-investing in America, committing billions to create a new domestic EV hub that will revolutionize our manufacturing across the country.
Honda Prepares Plants and Workforce for Electrified Era
As part of a new EV Hub, Honda has committed to invest $700 million to transform our existing Ohio auto plants to build EVs and EV components. Through this process our Ohio associates will develop the knowhow and expertise in EV production that will be shared across our entire operation in America in the coming years.
Honda to Build Joint Venture EV Battery Plant with LG Energy Solution
This past October, we announced a new joint venture between Honda and LG Energy Solution to create a new EV battery plant in Ohio.
In doing so, we have committed to creating 2,200 high-quality jobs and investing $3.5 billion for this plant, with our overall investment in the JV projected to reach $4.4 billion. The battery plant will have approximately 40GWh of annual production capacity of lithium-ion batteries, which will power Honda and Acura EVs built in America, starting in 2026.
With these investments, Honda is helping to build a stronger America by addressing the threats of global climate change while ensuring that the high-quality jobs that come from designing and building these vehicles remain here in the United States.