https://www.whitehouse.gov/briefing-room/statements-releases/2022/10/11/statement-by-president-joe-biden-on-honda-and-lg-investments-in-ohio/?link_id=32&can_id=676680e690ebef04ff7b58faa7b3f94f&source=email-scotus-opens-floodgates-on-trump-election-scams&email_referrer=email_1698798&email_subject=scotus-opens-floodgates-on-trump-election-scams
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Statement by President Joe Biden on Honda and LG Investments in Ohio
October 11, 2022
It’s another win for America and another win for Ohio, with Honda and LG
committing more than $5 billion toward electric vehicle battery manufacturing
and factory retooling across the state. As I said at the groundbreaking of
Intel’s Ohio factory last month: it’s time to bury the label ‘Rust Belt.’
Just as my CHIPS and Science Act is spurring record investments in
communities across the country, my Inflation Reduction Act is driving a
manufacturing boom for electric vehicles. This has been the backbone of my
economic plan: America is leading the world again, rebuilding our supply
chains, infrastructure, and manufacturing here at home.
