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

  • Honda plans ​to invest about 300 ‌billion ⁠yen to 400 billion yen ​in ⁠the new plant, expected ​to start ​production ⁠in 2030
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Photo: Reuters
Photo: Reuters
By Reuters

TOKYO: 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 forecasts 70% net profit drop citing ‘tariff impact’

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.


Honda Motor

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