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Honda boosting investment in three Ohio auto plants by $300 million

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WASHINGTON :Honda Motor said on Wednesday it will boost its investments in three Ohio auto plants by $300 million to have flexibility to build EVs, hybrids and gas-powered vehicles on the same assembly line. The Japanese automaker in 2022 had announced plans to invest $700 million in three plants but is now lifting that to $1 billion, said Jennifer Thomas, a senior vice president at Honda's U.S. unit. She also raised concerns about plans by President Donald Trump's administration to slash EV

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Honda boosting investment in three Ohio auto plants by $300 million https://www.channelnewsasia.com/ - 30.01.2025 01:02

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Honda boosting investment in three Ohio auto plants by $300 million https://www.channelnewsasia.com/ - 30.01.2025 01:02
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