The firms stated that the location of the plant has not been decided, but two sources briefed on.
the topic corroborated reports that Honda is seriously considering Ohio, which is home to its primary U.S. production.
To power Honda and Acura EV cars, the businesses plan to supply the batteries exclusively to Honda facilities in North America, with an annual production capacity of about 40 GWh.
Before constructing the facility, the two are anticipated to form a joint venture. Construction is anticipated to begin in early 2023, and mass production is anticipated to begin by the end
which would bar tax credits for electric vehicles made outside of North America.
A location announcement may be made in the coming weeks, according to the sources briefed on the situation.
The American government has been promoting initiatives that aim to increase domestic battery and electric vehicle manufacture.
This month, President Joe Biden signed a $430 billion tax, health care, and environment plan,