Honda Stabilizes To Build EV Factory In The US, Target Completed In 2024

JAKARTA - Last year, Honda announced it would invest $700 million to modernize several automakers and powertrains in Ohio, to set up a new EV Hub and prepare electric vehicle and battery production by 2026.

Apparently, Honda's plans to build an EV factory are starting to form. According to an official release on the Honda website, March 14, as part of the EV Hub in Ohio, Honda will change production of the Marysville Auto Plant (MAP) plant, East Liberty Auto Plant (ELP), and Anna Engine Plant (AEP), leading to the start of EV production in North America.

EV Hub is believed to play a key role in developing the company's knowledge and expertise in EV production which will be shared across North America's Honda car production network in the years to come.

As a result, it occurred at the Accord sedan factory in Marysville Auto Plant (MAP). Honda began assembling Accord in Marysville in November 1982, becoming the first Japanese car manufacturer to produce cars in the United States. And for more than 40 years, the plant has produced more than 12.5 million Accord units.

According to Reuters, March 14, in 1989 Accord was the first Japanese car to hold the title of best-selling car in the US, selling 362,700 units.

In 2025, Accord sedan production will be moved to Indiana. MAP is intended to be Honda's first US automaker to switch to EV manufacturing.

Then for the EV battery factory, Honda is also a joint venture with LG Energy Solution in an effort to build an electric battery factory in Ohio, which will be completed by the end of 2024. The entire investment of the two companies is projected to reach 4.4 billion US dollars.