Announced $ 700 million EV production investment plans for Honda and Ohio’s facilities

LG supports ventures that produce batteries for electric vehicles. The two companies have already paid $ 3.5 billion in a new factory scheduled to be built in Fayetto, Ohio. This will introduce 2,200 new jobs in this area.

Honda’s EV production in the United States is aiming to start in 2023 In the prologue When Acura ZDX It is developed jointly with General Motors. By 2040, the goal is to include only complete electrical products in the lineup.

Why would it cost so much to refurbish facilities? Honda has announced that its Marysville Auto Plant, East Liberty Auto Plant and Anna Engine Plant have all been completely reconfigured to produce its upcoming range of electric vehicles. He explains that he will be able to do it. This budget includes training for all staff in and in the future.