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Honda: Investing JPY 10 trillion in EVs and software by 2030
e direction of the Acura brand's next-generation EV models. This EV Concept was developed at the Acura Design Studio in California, USA, as a model to show the direction of Acura's next-generation EV models. Honda will develop an Acura SUV-type EV model based on the concept and produce it at its Marysville, Ohio, USA, plant starting at the end of 2025. This EV is the first model to use Honda's in-house developed next-generation EV platform and...
Market & Tech Reports Updated at: 2024/08/23
Electric Vehicle (BEV/PHV/FCV) Sales Monthly Report (June 2024)
lants or plants at risk of closure to electric vehicle production. Major recipients include core automotive companies such as General Motors, Lansing Grand River Assembly Plant in Michigan, the Stellantis, FCA US, Belvidere Assembly Plant and Belvidere Satellite Stamping Plant in Illinois, and ZF's Marysville, Michigan plant, which are expected to help these plants transition to electrification. The U.S. government is considering new regulatio...
Market & Tech Reports Updated at: 2024/07/26
ACT Expo 2024 (1) Hydrogen vehicles and technologies
imated 270-mile range and a 29-mile electric range through its 17.7 kWh battery. A second-generation Honda fuel cell module provides an estimated 92.2 kW, while an electric motor generates 174 hp and 229 lb-ft of torque. The CR-V e:FCEV is manufactured at Honda's Performance Manufacturing Center in Marysville, Ohio, and will be available to lease for U.S. customers in California later in 2024. Honda fuel cell module prototype Honda CR-V e:...
Market & Tech Reports Updated at: 2024/06/19
Korean Battery Supplier Operations in North America
Ohio, USAL-H Battery Company, Inc. (tentative name) Honda (49%)LG Energy Solution (51%) 40GWh The total capital investment will be USD 4.4 billion. Mass production of pouch-type lithium-ion batteries is expected to begin by the end of 2025. The batteries will be used in EVs manufactured at Honda's Marysville and East Liberty plants. (Honda press release dated March 14, 2023) 2025 Lansing, Michigan, USAUltium Cells LLCLansing Plant GM (50%)LG E...
Market & Tech Reports Updated at: 2024/01/10
Honda: Strengthening Alliance in EV Battery and Resource Procurement
range, starting in North America. Production system in North America: Investing USD 700 million in three plants in Ohio to produce EVs In October 2022, Honda announced that it will invest a total of USD 700 million to upgrade its production facilities at three existing plants in Ohio, USA (Marysville and East Liberty plants, and the Anna Engine plant, which produces powertrains) in preparation for full-scale production of EVs in the futu...
Market & Tech Reports Updated at: 2023/06/02
WCX 2021: Development of automotive connectivity and autonomy
nt provides new revenue channels and perspectives for the public sector. In addition, he said that the private sector has more expertise in future-proofing solutions and leveraging new innovations. Sue Bai highlighted the benefits provided by the public sector with an anecdote of working with local Marysville agencies and their ability to rapidly replace malfunctioning infrastructure units and restrict access of a public intersection for infrastr...
Market & Tech Reports Updated at: 2021/05/14
FCA and PSA’s Merger (Part 2): Expanding CASE-related investment
million) Chrysler Technical Center (CTC) USD 85 million ・Upgrade wind tunnel and electrified powertrain development capability Fiat Chrysler Auto Transport (FCAT) ・Investment in FCAT operations Mt. Elliott Tool & Die (Michigan) - ・Plant repurposing plan discussions are ongoing Marysville Axle Plant (Michigan) - ・Continue as JV with ZF until January 1, 2021 ・No FCA employees after 2021 In Latin America, the merger o...
Market & Tech Reports Updated at: 2020/02/25
Honda's profit improvement plan: Scaling down plant size to run at full capacity
ding its sales in the U.S., costs related to sales incentives have risen slightly but are below the industry average, and its inventory levels are above the industry average (left and middle slides below). In August 2019, Honda discontinued the second shift on one of its two production lines at the Marysville Plant in Ohio, USA. In particular, Honda plans to cut production of the Accord sedan and focus its efforts on future EV production. The com...
Market & Tech Reports Updated at: 2019/10/17
Implementation of 5G by Nissan, NTT DOCOMO, and AT&T
e V2X communications. VW announced that, starting in 2019, it would equip DSRC-based V2X as standard on the mass-production models of its major brands, including commercial vehicles. Honda announced its Safe Swarm concept at CES 2017, which utilizes DSRC to increase traffic safety. Additionally, in Marysville, Ohio in October 2018, the automaker conducted a demonstration of its Smart Intersection Technology, a DSRC-based safety system. Amid suc...
Market & Tech Reports Updated at: 2018/11/22
OEM Investments in the U.S. in 2017
cars, and can produce wind speeds of up to 192 mph. USD 267 million investment in Ohio plants In September 2017, Honda announced that it would invest USD 267 million across two of its plants in Ohio to support and increase production of the 2018 Accord. USD 220 million will be invested at Honda's Marysville Auto Plant to integrate new technologies and processes, including a USD 165 million welding department. USD 47 million will be invested at ...
Market & Tech Reports Updated at: 2017/12/15
Honda's 2030 Vision: forming partnerships to explore AI and other new fields
new Civic. It is equipped with a 1.5-liter direct-injection DOHC turbo engine mated with a CVT or six-speed manual transmission, or a 2.0-liter direct-injection DOHC turbo engine combined with a ten-speed automatic transmission or six-speed manual transmission. The Accord is manufactured at Honda's Marysville plant in Ohio. Its engines will be produced at the Anna engine plant in the same state. The HV variant of the Accord will use the automaker...
Market & Tech Reports Updated at: 2017/08/01
North American International Auto Show 2015: Asian OEMs
ses a dynamic display that changes information based on the mode selected in the NSX Integrated Dynamics System. Ergonomically designed seating adds to the comfort of the driver during prolonged travels. The Acura NSX will be exclusively manufactured at Honda's Performance Manufacturing Center in Marysville, Ohio and is expected to be available in late 2015. Exact pricing has not yet been specified, though it is expected to start at approximate...
Market & Tech Reports Updated at: 2015/02/10
US market: 2014 sales rise by 5.9% to 16.52 million units
onda 2014 * Fit: The third-generation subcompact, the all-new Fit for North American markets, has been produced at the Celaya plant in Mexico since the spring of 2014. It was released for sale in the summer of 2014. * Acura TLX: The premium midsize sedan, the all-new Acura TLX, is produced at the Marysville plant in Ohio. It was released for sale in August 2014. The two-wheel drive version is fitted with the next-generation Precision All-Wheel ...
Market & Tech Reports Updated at: 2015/02/05
U.S. Market: Sales recovering to pre-financial crisis levels
st safety in class. 2014 * Fit: The all-new (3rd-generation) subcompact car for North American markets is produced at the Celaya plant in Mexico starting in the spring of 2014. It will be released for sale in the summer of 2014. * Acura TLX: The all-new high-end midsize sedan is produced at the Marysville plant in Ohio, the U.S. It will be released for sale in August 2014. The two-wheel drive version features the next-generation technology, P...
Market & Tech Reports Updated at: 2014/08/13
North American International Auto Show 2014: Asian OEMs
ulation and electronic Active Noise Control. The 2015 Acura TLX Prototype was developed in Acura's design studio in Los Angeles, California and its development center in Raymond Ohio. The production model TLX will launch in the summer of 2014 and will be produced at Acura's manufacturing plant in Marysville, Ohio. 2014 Acura RLX Sport Hybrid SH-AWD Sedan The 2014 Acura RLX Sport Hybrid SH-AWD is an upgrade to the 2014 Acura RLX in both env...
Market & Tech Reports Updated at: 2014/02/10
US Market: Continued growth spurs investment
a MDX production. (190 jobs) * Russells Point Transmission, OH: USD 175 million to increase high-pressure die casting operations and to add a third line for production of continuously variable transmissions for the 2013 Accord. (100 jobs). * Honda also plans investments for Greensburg Plant, IN and Marysville Plant, OH. Also, Honda announced a new site in Marysville, OH and additional investments at the Anna Engine Plant, OH and Russells Point Tr...
Market & Tech Reports Updated at: 2013/06/27
Honda releases medium-term strategy (2)
otes) 1. The above plans are for increasing production capacities at assembly plants. Honda is also increasing capacities to manufacture powertrains and associated components at such plants as the engine plant in Anna and the transmission plant in Russells Point, both located in Ohio, U.S. 2. The Marysville plant in Ohio produces the Honda Accord and the Acura TL, a sister model to the Accord. The plant produced 336,000 units of the Accord from...
Market & Tech Reports Updated at: 2013/01/08