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Honda's new EV production revolution begins with $1 billion investment in Ohio
HMCHonda Motor(HMC) CNBC·2025-02-02 14:00

In this article7267.T-JPA Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker's assembly plant in Marysville, Ohio. Michael Wayland / CNBCMARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio.Honda is in the midst of completing more than 1billioninnewinvestmentsuppedWednesdayfromaninitiallyannounced1 billion in new investments — upped Wednesday from an initially announced 700 million — in the state this year. Upgrades most notably includ ...