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Honda plans to invest $2.5 bln to build hybrid vehicle plant in Ohio, Nikkei says

Honda plans to invest $2.5 bln to build hybrid vehicle plant in Ohio, Nikkei says

By Satoshi Sugiyama

- Japan's Honda Motor 7267.T is in the final stages of preparations to build a new hybrid vehicle production plant in Ohio, the Nikkei business daily said on Thursday.

Honda plans to invest about 300 billion yen to 400 billion yen ($1.90 billion to $2.53 billion) in the new plant, expected to start production in 2030, the daily said.

($1 = 157.8800 yen)


(Reporting by Mariko Katsumura; Editing by Clarence Fernandez)

((satoshi.sugiyama@thomsonreuters.com))

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