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Honda to transport Accord manufacturing to Indiana as a part of EV shift

WASHINGTON : Honda Motor Co’s U.S. unit mentioned on Tuesday it will stream manufacturing of its Accord sedan to Indiana in 2025 after assembling the style in Marysville, Ohio for greater than 40 years, as a part of its shift to electrical automobile (EV) manufacturing.Marysville will likely be Honda’s first U.S. auto plant to transition to creating EVs.

The stream comes after Honda and South Korea’s LG Power Resolution Ltd in October introduced they’d construct deliberate $4.4 billion joint-venture battery plant at a website online close to Jeffersonville, Ohio and broke flooring previous this month.

The battery plant, to be finished via the top of 2024, will quilt greater than 2 million sq. toes (185,806 sq. meters) and targets for roughly 40 Gigawatt hours (GWh) of annual manufacturing capability.

Honda mentioned final yr it was once one at a time making an investment $700 million to retool 3 Ohio vegetation for electrical automobile manufacturing via 2026, together with Marysville.

Marysville will start making ready for EV manufacturing as early as January via consolidating its two manufacturing traces to at least one to allow it to start development the EV infrastructure, the corporate mentioned.

Honda started assembling the Accord at its Marysville in November 1982, making it the primary Jap automaker to provide vehicles in the US. It has since produced greater than 12.5 million Accords on the Ohio plant.

In 1989, the Accord was once the primary Jap style to carry the identify of best-selling U.S. automotive, with 362,700 cars offered.

Lately, American citizens had been transferring clear of sedans to recreation application and crossover cars. Honda offered 154,600 Accords within the U.S. final yr, down 24 according to cent from 2021.

Honda mentioned Accord manufacturing will likely be transferred to its Indiana auto plant, which builds the Civic Hatchback and CR-V.

Honda’s transmission plant in Georgia will devote one manufacturing line to e-axle manufacturing – a key EV part – and its Anna, Ohio engine plant will shift manufacturing of a few engine elements to a Honda engine plant in Alabama to organize for manufacturing of battery circumstances for EV fashions, the corporate mentioned.

Supply Through https://www.channelnewsasia.com/industry/honda-move-accord-production-indiana-part-ev-shift-3345911