Honda Motor Co., Ltd. unit said Tuesday it will move production of its Accord sedan to Indiana in 2025 after assembling the model in Marysville, Ohio for more than 40 years, as part of a transition to electric vehicles (EV). Marysville will be Honda’s most memorable US race. Cars to expand into EVs.
This comes after Honda and South Korea’s LG Energy Arrangement Ltd. recently broke ground on a $4.4 billion joint venture battery plant at a site near Jeffersonville, Ohio, in October.
Scheduled for completion at the end of 2024, the battery plant will cover several million square feet (185,806 acres) and go for one golden gigawatt hour (GWh) of annual production. Honda said last year that it is financially independent of a $700 million construction plan for three Ohio plants to produce electric vehicles by 2026, including Marysville.
According to the organization, Marysville will begin preparing for EV production in early January, giving it the power to combine its two production lines into one line and begin production of the EV Framework.
Honda began assembling the contract in November 1982 at Marysville, the first Japanese car manufacturer in the United States. Since then, the Ohio Company has entered into more than 12.5 million contracts. In 1989, the Accord was the first Japanese model to lead the US car market with 362,700 vehicles sold.
Honda sold 154,600 Accords in the United States. Last year, 24% less than in 2021. Honda said it would move Accord creations to the Indiana car plant, where the Civic hatchback and CR-V are built.