US

Major Auto Manufacturer Drops Bomb on Gavin Newsom, Announces BIG Move

According to many experts, Electric Vehicles are the future and car manufacturers are scrambling to get their piece of the pie. One of the largest in the world has plans for a new EV plant and their selection of where to build it is awesome!

Honda is building a new plant and they have their sights set on Ohio

According to The Daily Caller, A $4.4 billion electric vehicle (EV) manufacturing facility from Honda and LG is planned for Ohio, the latest such facility in a Republican state.

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, Honda joins competitors, including Hyundai and Ford, who are building new EV and battery facilities primarily in Republican-run states and congressional districts. In an article in The Wall Street Journal, people familiar with the matter said the Honda-LG factory would be located in Ohio, where Honda already has an auto plant in Marysville. Worlab has more.

According to Ballotpedia, the factory will be located in Ohio’s 15th Congressional District, which has been solidly Republican for nearly 30 years, except for one-term Democratic Rep. Mary Jo Kilroy from 2009 to 2011. In Ohio, Republicans control the governorship and both houses of state government, and other EV manufacturers have built factories near existing factories, according to CNBC.

Automakers have been making large moves to majority Republican states in recent years.

CNBC wrote. Companies are investing in the South for a variety of reasons, including lower energy costs, a large workforce, and livability. A large number of Republican-controlled, right-to-work states also offer other benefits, such as lower pay for workers, millions in tax breaks, and largely non-unionized workforces.

It seems that the business friendly states will be getting more and more work as companies continue their migration to states that have tax benefits, and labor friendly atmospheres.

Next News Network Team

Recent Posts

Kevin Costner Breaks Silence: ‘Crushing’ Divorce and Moving Forward

"Kevin Costner Breaks Silence: 'Crushing' Divorce and Moving Forward" "Hollywood Icon Kevin Costner Opens Up…

5 months ago

Walgreens Considers Major Store Closures Amid Retail Challenges

Walgreens Boots Alliance CEO Tim Wentworth announced potential closures of a "meaningful percent" of the…

5 months ago

Dave Grohl’s Concert Pause: Foo Fighters Frontman Puts Safety First

Dave Grohl, Foo Fighters frontman, halted a concert in Birmingham to address a crowd disturbance.…

5 months ago

Panthers’ Paradise: Florida’s Stanley Cup Celebration Reaches Legendary Status

The Florida Panthers have etched their names in NHL history not just for their on-ice…

5 months ago

Chanel West Coast’s Double Life: New Reality Show Reveals Star’s Struggles

By day, I'm mom. By night, I'm an artist," Chanel West Coast says in the…

5 months ago

Media Matters Funnels Six-Figure Sum to Board Member’s Firm

Media Matters for America, a nonprofit focused on correcting "conservative misinformation," paid $105,000 in 2022…

5 months ago