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Honda to spend $3 billion on Ohio hybrid plant

Honda announced Monday that it will spend $3 billion on a new hybrid-car plant in Ohio. Production is scheduled to start in 2029, and the plant is expected to add 240,000 vehicles to Honda’s annual output. The Financial Times World reported the facility would be the automaker’s first new U.S. plant in two decades and lift annual output to 1.3 million vehicles.

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