Honda in final talks for $2.5B US hybrid plant in Ohio, operations by 2030

Honda is finalizing negotiations to build a hybrid vehicle factory in Ohio, investing $1.8–2.5 billion, with operations targeted for 2030. The move signals a strategic pivot toward hybrids after revising its EV strategy, reflecting demand trends in the US market. The investment underscores a broader industry recalibration amid slowing EV adoption and could bolster regional manufacturing and supply chains.