Honda commits $3B to Ohio assembly plant focused on hybrids

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Published Monday, November 9, 2026 · 12:41 PM EST

Honda said Monday it will invest $3B in a new Ohio vehicle assembly plant with capacity for up to 240,000 vehicles a year. Production is scheduled to begin in 2029 at the site between its Marysville and East Liberty factories. The plant will focus on hybrids but can also build petrol and electric cars. Honda says it will create more than 2,000 jobs and raise its US capacity to about 1.3 million vehicles annually. The investment follows its cancellation of the North American EV lineup in March and indefinite suspension of an $11B Canadian EV and battery project in May.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.

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