• Home
  • Features
  • USA: Honda plans to relocate Accord manufacture to Indiana as part of EV shift
Image

USA: Honda plans to relocate Accord manufacture to Indiana as part of EV shift

Honda Motor Co’s U.S. unit has said earlier today it would move making of its Accord sedan to Indiana in 2025 after assembling the model in Marysville, Ohio for more than 40 years, as part of its shift to electric vehicle (EV) production.

Marysville will be Honda’s first U.S. auto plant to transition to making EVs.

The idea follows Honda and South Korea’s LG Energy Solution Ltd in October announced they would build planned $4.4 billion joint-venture battery plant at a site near Jeffersonville, Ohio and broke ground earlier this month.

The battery plant, to be completed by the end of 2024, will cover more than 2 million square feet (185,806 square meters) and aims for about 40 Gigawatt hours (GWh) of annual production capacity.

Honda said last year it was separately investing $700 million to retool three Ohio plants for electric vehicle production by 2026, including Marysville.

Marysville will begin preparing for EV production as early as January by consolidating its two production lines to one to enable it to begin building the EV infrastructure, the company said.

Honda began assembling the Accord at its Marysville in November 1982, making it the first Japanese automaker to produce cars in the United States. It has since produced more than 12.5 million Accords at the Ohio plant.

In 1989, the Accord was the first Japanese model to hold the title of best-selling U.S. car, with 362,700 vehicles sold.

In recent years, Americans have been moving away from sedans to sport utility and crossover vehicles. Honda sold 154,600 Accords in the U.S. last year, down 24% from 2021.

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

Related Posts

Stanbic Ghana opens new branch to enhance financial access

Stanbic Bank Ghana has unveiled its latest branch in Labone, a move designed to enhance financial service accessibility…

‎Shell showcases energy Innovations at SPE Conference in Lagos

Shell made a strong impression at the annual international conference of the Nigeria Section of the Society of…

UAC of Nigeria to Acquire Chivita  Hollandia from Coca-Cola Company

 UAC of Nigeria PLC (UAC) has announced plans to acquire Chivita | Hollandia (CHI Limited), a leading Nigerian…

Dangote Group names David Bird as CEO of Refinery Division

Dangote Group has appointed David Bird, a former Shell executive and ex-CEO of Oman’s 0Q8 refinery, as the…