Report
Honda says it will build a $3 billion Ohio plant for hybrids
The factory is expected to create 2,000 jobs and begin production in 2029, Honda says.
TLDR
Nikkei Asia reports that the Ohio project would be Honda’s first new U.S. auto plant in two decades as hybrid demand rises. The factory would add annual capacity of 240,000 vehicles, bringing Honda’s U.S. total to 1.3 million, the company said, according to Reuters.
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