Honda Motor Company is transferring the production of its Accord models to Indiana, which means it is leaving Ohio after four decades. The automaker said that its move to a new home is part of its plans to shift to electric vehicle production.
Honda said earlier this week that its Accord models would no longer be produced in Marysville, Ohio. This plant has been in operation since 1982, and as the company is pushing for an EV shift, the production is set to be transferred to its Auto Plant in Greensburg, Indiana, in 2025.
As per Fox Business, the Accord units were the second best-selling model at Honda last year, with its CRV SUVs ranking first. The automaker’s Marysville plant was the first-ever facility that Honda Motor established in the United States. To date, it has reportedly produced more than 12.5 million Accords since the start of its operation.
Honda Motor has been taking steps to reach its goal of shifting to EVs. For starters, its internal combustion engine (ICE) and hybrid vehicle production will be combined to form just one assembly line. This move will help the company reorganize its facility to prepare for EV production in early 2024.
“As part of the EV Hub in Ohio, Honda will transform its Marysville Auto Plant (MAP), East Liberty Auto Plant (ELP) and Anna Engine Plant (AEP), leading to the start of EV production in North America,” Honda said in a press release.
The company added, “This EV Hub will play a key role in developing the company’s knowledge and expertise in EV production that will be shared across Honda’s entire North American auto production network in the coming years, even as many Honda plants continue production of gasoline-powered vehicles.”
Meanwhile, Reuters noted that Honda Motor’s move to Indiana comes after the company and South Korea's LG Energy Solution announced last year they are planning to build a new battery plant in Ohio as part of their $4.4 billion joint venture deal.
Photo by: Cody Campbell/Unsplash


KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally
US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge
OpenAI Executive Brad Lightcap to Leave for New AI Venture
Gold Prices Rise as Fed Rate Hike Bets Ease
ASX Faces Legal Action Over Failed Blockchain CHESS Project
Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets
US Judge Dismisses Gautam Adani Criminal Charges
Australia Sets New Minimum Pay, Insurance Rules for Gig Workers
Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow
Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts
Dollar Steady as Markets Await U.S. Inflation Data
Sanrio Shares Plunge as Q1 Profit Miss Overshadows Strong Sales
Gold Price Holds Near $4,400 as Hormuz Risks and CPI Drive Markets
Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan
Australia Housing Crisis Deepens as Worker Shortages Delay Homebuilding
Austal Shares Surge 16% as Hanwha Offers Up to $1.2 Billion for U.S. Shipbuilding Business
Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears 



