Alabama NewsCenter — What does Honda’s $4.4 billion EV expansion in Ohio mean for Alabama?

Alabama News Center | October 14, 2022 @ 4:00 pm

By Michael Tomberlin
Alabama NewsCenter

Honda Motor Co. and LG Energy Solution announced Oct. 11 a joint-venture plan to invest up to $4.4 billion to build electric-vehicle batteries in Fayette County, Ohio, creating 2,200 jobs.

The plant will produce pouch-type lithium batteries with 40 gigawatt-hours of annual production capacity. Construction is set to begin in early 2023 with production starting by the end of 2025.

Honda said it is investing an additional $700 million to prepare other plants in Ohio for the EV transformation, including its assembly plants in in East Liberty and Marysville. Honda has been making vehicles in Ohio since 1982 and the automaker’s plants have the capacity to produce 680,000 vehicles, 1.18 million engines and 1 million transmissions annually.

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