Ohio offers $156M in incentives for Honda battery plant
COLUMBUS, Ohio (AP) — Ohio plans to offer approximately $156.3 million in tax incentives and infrastructure improvements for a massive battery plant project that Honda says is key to turning the state into its North American electric vehicle hub. Officials say the battery plant, to be built jointly with LG Energy Solution of South Korea, will be located in rural Fayette County, about 40 miles (64 kilometers) southwest of the state capital of Columbus. Of $85 million set aside for infrastructure improvements, $75 million will be for water and utility improvements and the rest will be ...