Honda is constructing a $4.4 billion electric vehicle battery facility to Ohio

Honda is constructing a $4.4 billion electric vehicle battery facility to Ohio

Honda initially announced plans to construct a $4.4 billion electric vehicle (EV) battery facility with LG Chem in August, and the two firms confirmed today that the building would be located in Fayette County, Ohio. By establishing a US-based EV facility, Honda’s next range of plug-in cars will be eligible for the country’s EV tax incentives.