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Friday, July 31, 2026

Honda’s new EV production revolution begins with $1 billion in Ohio

by marketdash
0 comments

A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. 

Michael Wayland / CNBC

MARYSVILLE, 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 $1 billion in new investments — upped Wednesday from an initially announced $700 million — in the state this year. Upgrades most notably include installing six “giga presses,” which were made well-known by Tesla, and a new “cell” manufacturing system for its upcoming electric vehicle battery cases.

The company’s emerging EV hub in Ohio, including a separate $3.5 billion battery plant, will be the flagship for Honda’s global manufacturing operations. That includes its Marysville Auto Plant being capable of producing traditional vehicles, hybrids and EVs on the same assembly line, officials…

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