Yes. Honda has announced plans to build a large electric-vehicle (EV) battery plant in Ohio, in partnership with LG Energy Solution, as part of its strategy to secure domestic battery supply for its North American EV lineup.
What has been announced
Details from Honda and LG Energy Solution describe a U.S. battery manufacturing facility intended to support Honda’s next generation of EVs. The project is part of a broader effort to localize key EV components in North America and strengthen supply chains for future Honda models.
- Partnership: a joint venture between Honda and LG Energy Solution to develop and operate the battery plant.
- Location prospects: planned for the central Ohio region, with site selection underway and incentives anticipated from state and local governments.
- Investment and jobs: described as a multi‑billion‑dollar project, with thousands of construction and long‑term jobs anticipated.
- Production focus: batteries and battery cells to support Honda’s EVs marketed in the United States and Canada.
- Timeline: ground‑breaking and construction expected in the mid‑to‑late 2020s, with production timelines contingent on approvals and market conditions.
- Incentives and approvals: Ohio authorities have been weighing incentives and permitting as part of the planning process.
While plans were announced with enthusiasm, the final site, precise investment figures, and production timelines may evolve based on regulatory approvals, market conditions, and negotiations with local governments.
Status and context
In the North American EV push, automakers increasingly pursue domestic battery capacity to reduce exposure to global supply chain disruptions. Ohio has become a focal point due to its manufacturing infrastructure, workforce, and potential incentives tied to regional economic development. The project’s fate depends on site finalization, regulatory approvals, and the willingness of state and local authorities to provide the necessary incentives.
Key milestones to watch as the project develops:
- Final site selection and permitting approvals from state and local authorities.
- Formal financial commitments and incentive agreements.
- Construction start date and progress updates from Honda and LG Energy Solution.
- Job announcements and supply‑chain partnerships tied to the plant.
- Official opening date and ramp‑up milestones for battery production.
Observers will watch for official statements from Honda, LG Energy Solution, and Ohio authorities to confirm progress and any changes to scope or timing.
Impact on Ohio and the regional economy
The proposed plant is poised to influence Ohio’s manufacturing landscape by potentially creating thousands of jobs, expanding the region’s battery supply ecosystem, and boosting local tax revenues. Supporters argue the investment would diversify the economy and attract ancillary suppliers, while critics caution about guaranteeing job targets, long‑term environmental safeguards, and the potential for shifting investment risks based on market demand for EVs.
Local reaction and potential impacts
Local officials have generally welcomed the prospect of new high‑tech manufacturing jobs and economic stimulus. Labor groups and community advocates emphasize the importance of clear hiring commitments, competitive wages, and robust environmental standards to ensure broad community benefits.
Summary
Honda’s planned Ohio battery plant, announced in partnership with LG Energy Solution, represents a notable step in the automaker’s U.S. electrification strategy. The project aims to bolster domestic battery production, support Honda’s future EV lineup, and energize Ohio’s economy, but final decisions on site, investment size, and timelines remain contingent on approvals and market conditions. For the latest, watch official statements from Honda, LG Energy Solution, and Ohio authorities.
Where is the new Honda plant being built in Ohio?
Marysville, Ohio
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker's assembly plant in Marysville, Ohio. MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio.
How many plants does Honda have in Ohio?
Honda Manufacturing in Ohio
The company's five Ohio manufacturing facilities include three auto plants, the Marysville Auto Plant, East Liberty Auto Plant and Performance Manufacturing Center, as well as the Anna Engine Plant and transmission plant in Russells Point.
Where is Honda building its new plant?
Marysville Auto Plant
Marysville Auto Plant will be the first Honda auto plant in the U.S. to transition to making EVs. Also, part of the new EV Hub, Honda and LG Energy Solution have committed to invest $3.5 billion to construct a new joint venture EV battery plant in Ohio.
Why are Honda dealerships closing?
Nationwide. One rising interest rates. Higher interest rates have made auto loans more expensive ensive reducing the consumer purchasing.