Honda to invest $3 billion in new vehicle assembly plant in Ohio

Honda will invest $3 billion in a new vehicle assembly plant in Ohio focused on hybrid vehicles, with production slated to begin in 2029. The Japanese automaker said the facility is part of its push to expand hybrid output in the U.S. market. The investment is one of Honda's largest recent U.S. manufacturing commitments and signals continued localization of production. Details on capacity and employment were not immediately disclosed. Watch for further announcements on model allocation and construction timelines.