DETROIT — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.
Honda, which announced its first Ohio factory 45 years ago, also plans to invest $700 million and add 300 jobs at three of its Ohio factories to prepare them to start making EVs and components.
The battery plant, to be built jointly with LG Energy Solution of South Korea, could see a total investment of $4.4 billion. The plant site is off Interstate 71 in Fayette County, about 40 miles southwest of Columbus.
In addition, Honda’s assembly plants in Marysville and East Liberty, northeast of Columbus, and its engine
plant in Anna, north of Dayton, will share in the $700 million investment. The Anna plant will make cases to hold the battery cells, while the other two plants will build complete electric vehicles.
Construction on the battery plant will start early next year, with mass production of pouch-type lithium-ion cells to begin by the end of 2025. The plant will produce batteries exclusively for Honda vehicles assembled in North America, including the company’s Acura luxury brand.
Bob Nelson, Honda executive vice president, said the company is still working out details of an incentive package with Ohio for the battery plant, to be run by the joint venture that will be formed this year.
“We feel the resources will be good to run and operate the facility,” he told reporters. “This will give us a good chance to have an impact on the community.”
LG Energy Solution also has a joint venture with General Motors, this one Ultium Cells, which has a plant in Lordstown. Production of EV battery-cells for GM already has started there with the plan to begin shipping cells that will be part of several GM EV models by the end of the year.
The plant will employ more than 1,100 workers at full capacity.
Last week Honda showed off the design of its Prologue electric SUV that will be developed on General Motors’ Ultium electric vehicle platform and will go on sale in 2024. The Prologue will be a little larger than the current CR-V. Nelson wouldn’t say where the Prologue will be built.
Honda plans to start selling models built on its own EV underpinnings starting in 2026, but it also will continue to co-develop affordable EVs with GM, to be built by Honda. The Japanese automaker plans to introduce 30 new electric vehicles globally by 2030, with plans to sell all zero-emission automobiles by 2040.
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October 12, 2022 at 12:17PM
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