Honda introduces 'Ye' electric vehicle line, to debut at Beijing Motor Show with models P7 and S7.

Launches in Chinese market scheduled for later this year, with a goal to electrify entire Chinese vehicle range by 2035.

Honda commits $700 million to Ohio for EV manufacturing, with production starting in 2025 at Marysville factory and Anna Engine Plant.

East Liberty Auto Plant to shift exclusively to EV production by 2025.

Joint venture with LG Energy Solution to produce batteries, enabling eligibility for federal tax credits.

Self-developed EV model 'Afeela' anticipated to be produced in Ohio.

Specifics on battery size, performance, range, and pricing for the Ye series remain undisclosed.