EV makers choosing GOP states
Honda and battery maker LG announced plans for a $4.4 billion electric vehicle (EV) facility Monday, likely to be located in the Republican-run state of Ohio, the latest such facility built in a Republican-run state.
Honda joins competitors, such as Hyundai and Ford, who are constructing new EV and battery facilities predominantly in Republican-run states and congressional districts, in an effort to ensure their EVs qualify for tax credits under new restrictions under the Inflation Reduction Act that require EVs to be assembled in the United States. While the companies did not publicly disclose the location, people familiar with the matter said the Honda-LG factory was planned for Ohio, where Honda already has a significant presence with an auto plant in Marysville, according to The Wall Street Journal. (RELATED: ‘Significant Incentives’: Red States Poised To Cash In On Dems’ Green Energy Bill)
The factory will reportedly be located in Ohio’s 15th Congressional District, which has been solidly Republican for almost 30 years, excepting one-term Democratic Rep. Mary Jo Kilroy from 2009-2011, according to Ballotpedia. Republicans control the governorship and both houses of state government in Ohio, and other companies entering the EV space have been building their factories near existing factories, according to CNBC.
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The plant will be similar to those being built by competitors, including a $5.5 billion Hyundai plant in Georgia and a $5.8 billion Ford plant in Kentucky, which are also targeting a production date of 2025. The batteries produced by the factory under the new venture will exclusively supply Honda, with production breaking ground in early 2023, and full production of “advanced lithium-ion battery cells” slated to begin by the end of 2025, according to Honda’s press release.
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I have no interest in such cars at this point. They are over priced and battery replacements are prohibitively expensive. I think it is a mistake for the government to replace fossil fueled autos.
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