Honda to spend billions on Fayette County battery plant

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Honda to spend billions on Fayette County battery plant
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Honda is making two big investments in the state: A $3.5 billion battery plant in Fayette County and $700 million to retool three Ohio plants for EVs.

that will make batteries for electric vehicles. The automaker also plans to spend $700 million to retool three of its Ohio plants to make electric vehicles and provide components for them.

Honda announced its partnership with LG in August, but did not identify where the plant would be built.The company said Tuesday that the plant will be built near I-71 and U.S. Route 35, near Jeffersonville, about 40 miles southwest of Columbus and 70 miles northeast of Cincinnati. "We now face a once-in-a-100-years change from the internal combustion engine to electrification," Nelson said."Once again this requires a bold vision for the future."Honda plans to make Ohio an electric vehicle hub that will produce expertise to be shared across Honda’s North American auto operations in the years ahead. It will leverage Honda's longstanding production, product development, and purchasing operations in central Ohio.

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