LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Honda preps for new Acura EV at Ohio hub, but gas and hybrid cars will stick around

Robert Frost by Robert Frost
September 10, 2024
in Industries
Honda preps for new Acura EV at Ohio hub, but gas and hybrid cars will stick around
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US

Bojangles adds EV chargers to its fried chicken and biscuit menu

Toyota cuts bZ4X lease price to just $199 a month, even cheaper than a Corolla

Honda is preparing to build its first electric model at its retooled EV hub in Ohio. A new Acura will be the first EV will be built at the hub in late 2025. Meanwhile, Honda said the EV hub will not be exclusive to electric cars with plans to build gas and hybrid models on the same line.

It’s been almost two years since Honda announced a $700 million investment to prepare three of its Ohio plants for EV production.

Its Marysville Auto Plant (MAP) will lead Honda’s EV hub in Ohio. With production a little more than a year out, Honda is updating its plans in the state.

Honda will now build gas and hybrid models alongside EVs in Ohio, the company said in a press release on Tuesday. Gas and hybrid vehicles will be built on the same manufacturing line as Honda reinvents its global production process.

“Our efforts in establishing the Honda EV Hub in Ohio are not focused simply on EV production,” said Mike Fischer, Honda’s executive chief engineer and lead of its new EV hub.

Fischer added its hub in Ohio is laying the foundations for Honda EV production “throughout North America and globally.”

Honda-Ohio-EV-hub
2024 Honda Prologue Elite (Source: Honda)

Honda preps Ohio EV hub for new Acura model

The first EV to be made at Honda’s Marysville plant will be a new Acura, based on the Performance EV Concept shown last month. Production is slated to begin in late 2025.

After consolidating two production lines, Honda’s Marysville plant is preparing for sub-assembly of its Intelligent Power Unit (IPU), which houses the battery for its next-gen EVs.

Acura-Performance-EV-concept
Acura Performance EV Concept (Source: Honda)

Honda’s Marysville plant will combine battery modules from its joint venture with LG Energy Solution, while its Anna Engine Plant will create the cases for mid- and large-size IPUs.

Honda and LG invested $3.5 billion in the new JV battery plant, with plans to raise that number to $4.4 billion. The plant is scheduled to be operational by the end of 2024 with an expected 40 GWh annual capacity.

Honda-Ohio-EV-hub
2024 Acura ZDX (Source: Acura)

Despite adding gas and hybrid production to the mix, Honda is sticking to its goal of 100% of sales being EV or fuel cell vehicles by 2040.

Honda and Acura’s first electric SUV’s, the Prologue and ZDX, are built on GM’s Ultium platform. With a record 5,401 units sold in the US last month, Honda Prologue sales reached 10,394 through August as the electric SUV rolled out to dealers nationwide.



Source link

Share30Tweet19
Previous Post

Greenlane breaks ground on its flagship electric truck charging stop

Next Post

Ethereum Name Service integrated with PayPal, Venmo for crypto transfers

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US
Industries

The Lucid Air is crushing the competition as the best-selling luxury EV sedan in the US

July 14, 2025
Bojangles adds EV chargers to its fried chicken and biscuit menu
Industries

Bojangles adds EV chargers to its fried chicken and biscuit menu

July 14, 2025
Toyota cuts bZ4X lease price to just 9 a month, even cheaper than a Corolla
Industries

Toyota cuts bZ4X lease price to just $199 a month, even cheaper than a Corolla

July 14, 2025
It turns out Tesla Canada’s shady m incentive grab was above-board after all
Industries

It turns out Tesla Canada’s shady $43m incentive grab was above-board after all

July 14, 2025
Next Post
Ethereum Name Service integrated with PayPal, Venmo for crypto transfers

Ethereum Name Service integrated with PayPal, Venmo for crypto transfers

Related News

Golden Globes turns into a bad night for British actors and filmmakers

Golden Globes turns into a bad night for British actors and filmmakers

January 6, 2025
Brighton vs Nottingham Forest: FA Cup – LIVE

Brighton vs Nottingham Forest: FA Cup – LIVE

March 29, 2025
Novo Integrated stock more than doubles after hours on  billion collateral agreement

Novo Integrated stock more than doubles after hours on $1 billion collateral agreement

September 28, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?