Honda to build $3.5 billion EV battery plant in Ohio

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Honda to build $3.5 billion EV battery plant in Ohio
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The investment is another big win for our state's future as a technology-focused 'Silicon Heartland.'

Honda's news follows waves of U.S. battery and EV assembly plant announcements as automakers try to re-establish a domestic supply chain,The new federal Inflation Reduction Act gives them more incentives to build here, including a tax credit for consumers buying an EV with a battery procured and built in North America.

Building near Central Ohio offers close proximity to resources, labor and existing plants, American Honda Motor Co. executive vice-president Bob NelsonExactly 45 years ago yesterday, Honda announced it would begin manufacturing products in the U.S. at its Marysville plant, which opened in 1979."We now face a once-in-a-100-years change from the internal combustion engine to electrification. Once again, this requires a bold vision for the future," Nelson said at the announcement.

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