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

TOKYO, (Reuters) – Japan’s ​Honda Motor 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