Honda Motor is escalating its investment in Ohio to over $1 billion, targeting the establishment of a cutting-edge car factory that focuses on electric vehicle (EV) manufacturing. This investment expands from an initial $700 million and aligns with the company’s vision of creating a prevalent EV hub in the state. The initiative includes the installation of six giga presses and a substantial $3.5 billion investment in a battery plant, reflecting Honda's commitment to innovative battery technology and sustainable manufacturing practices in the EV sector.
The Honda EV hub in Ohio is establishing the global standard for EV production for people, for technology, and for processes.
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