According to NBC4i, Honda has announced it will invest more than $4 billion into three existing Ohio plants, including the plant in Marysville, and begin construction on a new plant in Fayette County.
The existing plants in Marysville, East Liberty, and Anna will receive a $700 million investment to construct electric vehicles and components for those vehicles by 2026. Gov. Mike DeWine estimates more than 300 new jobs in the retooling of these plants.
With the additions to the already existing plants, Honda announced it will build a $3.5 billion electric vehicle battery plant in Fayette County, in a joint venture in LG Energy Solutions.
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