[Honda will invest US$3 billion to build a new car factory in the United States to expand hybrid vehicle production capacity] On November 10th, Honda announced that it will invest US$3 billion to build a new car factory in Ohio, USA, and make strategic investments in multiple production facilities in Ohio, Alabama and Georgia to expand the production capacity of hybrid vehicles and related engines and hybrid systems in the United States. The new factory is expected to create more than 2,000 jobs, with an annual production capacity of approximately 240,000 vehicles, and is scheduled to be put into production in 2029. After the investment is completed, Honda's annual vehicle production capacity in the United States will increase to approximately 1.3 million vehicles, and Ohio's hybrid power system production capacity will increase by 250%.