Honda to invest up to $2.5B in Ohio hybrid plant

Honda Motor plans to invest JPY300–400 billion (about $1.9–2.5 billion) in a new hybrid vehicle plant in Ohio, with production targeted to start as early as 2030. The move reflects the company's pivot toward North America.

• Ohio hybrid plant investment: JPY300–400 billion
• That is roughly $1.9–2.5 billion
• Production targeted to begin as early as 2030
• Honda shifts focus toward the North American market