Honda to invest $3B in new Ohio hybrid vehicle plant

The factory will create 2,000 jobs, and as part of Honda’s focus on hybrids and swift development, it’s keeping close to the automaker’s existing U.S. footprint.

Honda on Monday announced a $3 billion plant for Central Ohio, near its original Marysville plant and positioned “to meet growing customer demand for hybrid vehicles in North America,” per a press release.

Intended to accelerate the production of hybrid vehicles and the engines and hybrid systems that power them, the new plant is part of a broader set of investments at Honda operations in Ohio, Alabama and Georgia.

The new Ohio plant will offer an annual capacity of 240,000 vehicles, creating more than 2,000 jobs. It’s set to start production in 2029 pending final government approvals.

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