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Honda plans to invest $2.5 billion to build hybrid vehicle plant in Ohio, Nikkei says

By Thomson Reuters Sep 23, 2026 | 10:03 PM

By Satoshi Sugiyama

TOKYO, Sept 24 (Reuters) – Japan’s ​Honda Motor ‌is in the final stages of preparations ‌to ​build ⁠a new hybrid ⁠vehicle production plant in Ohio, the ​Nikkei business daily ⁠said on ⁠Thursday.

Honda plans ​to invest ​about 300 billion yen ‌to 400 billion yen ($1.90 billion ⁠to $2.53 billion) in the new plant, ⁠expected ‌to ⁠start production ​in ‌2030, the ​daily said.

($1 = ⁠157.8800 yen)

(Reporting by Mariko Katsumura; Editing by Clarence ​Fernandez)