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Intel to invest $20B to build two processor factories in Ohio

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Intel announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Ohio. A rendering shows early plans for two new leading-edge Intel processor factories in Licking County, Ohio. Ohio will be home to Intel’s first new manufacturing site location in 40 years.

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Honda opens new $124M wind tunnel in Ohio

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Honda opened its new $124-million wind tunnel facility in Ohio, ushering in a new era of development testing capabilities for Honda and Acura products, as well as the company’s race vehicles. The new Honda Automotive Laboratories of Ohio (HALO) facility, located at the independent Transportation Research Center Inc. Investment.

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Fisker and Foxconn confirm Fisker PEAR production in Ohio; expected base price below $29,900

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recently acquired in Ohio from Lordstown Motors ( earlier post ). The Fisker PEAR will enter production in 2024. Both the Fisker and Foxconn teams are fully engaged and expect to build a minimum of 250,000 Fisker PEAR units a year at the plant after a ramp-up period. —Fisker Chairman and CEO Henrik Fisker.

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Fisker provides first look at $29,900 urban EV, confirms Ohio production

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Fisker confirmed Thursday that production of its compact electric vehicle, the $29,900 Pear EV, will enter production in 2024 at the former GM plant in Lordstown, Ohio. Fisker is going for volume with this one, with the aim to build a minimum of 250,000 units a year after the ramp-up, including some of the.

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GM investing $918M in 4 US plants for Gen-6 V-8 production, EV components

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General Motors plans to invest $918 million in four US manufacturing sites, including $854 million to prepare these facilities to produce the company’s sixth-generation Small Block V-8 engine and an additional $64 million in Rochester, New York and Defiance, Ohio for castings and components to support EV production.

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Honda Anna Engine Plant produces 30-millionth engine; retooling to add battery module casings production

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Honda celebrated production of the 30-millionth engine built at the company’s Anna Engine Plant in Ohio with the production of the newly refined 2.0-liter While Honda initially indicated production would start in 2026, in April, Honda announced that it will pull forward EV production in Ohio to 2025.

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Honda announces next steps in preparation for EV production in US

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Honda announced key next steps in the establishment of its EV Hub in Ohio. In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026.

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