Newsletter: Why Honda hasn’t lost the EV faith

Good morning to everyone except fans of whoever the Ohio State Buckeyes are playing next Saturday. I don’t know who that is, but I feel sorry for them. Welcome to my mom’s favorite twice weekly business newsletter.

Since winter, we’ve seen several automakers either scale back or delay plans to invest in EV production. Noticeably absent from that list (so far) has been Honda.

There are reasons for that, said Mike Fischer, executive chief engineer and leader of what Honda calls its “North American BEV (Battery Electric Vehicle) project.”

The company does not intend to stop giving customers what they want, he told me in a new interview.

Honda progressing toward its new Ohio ‘EV Hub’

Acura Performance EV concept made a global debut at Monterey Car Week. Contributed.

Credit: MullenLowe

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Credit: MullenLowe

The latest: The automaker will have six 6,000-ton casting machines in its Anna plant, to “mega-cast” IPU (“Intelligent Power Unit”) cases, the case holding battery modules from Honda’s new joint venture battery plant in Jeffersonville, about 50 minutes from Dayton.

And last month, Honda unveiled its Acura Performance EV Concept, which will be first EV produced at the Marysville plant. Its battery will be made in Jeffersonville.

Flexibility: Fischer said Honda needs to be ready to give customers why they want. That means producing internal combustion engine (ICE) vehicles, hybrid vehicles that employ both EV and ICE technologies, and EVs at the Marysville and East Liberty plants during a long transition period.

Read the story.

UD announces faculty cuts; master’s and doctoral programs to be cut

The iconic dome and cross on the Chapel of the Immaculate Conception is the centerpiece of UD’s campus. The top of the cross is 95 feet above the ground. The cross is 7 feet, 4 inches tall from the ball to the top of the cross. The “arms” of the cross extend 4 feet, 6 inches.    TY GREENLEES / STAFF

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University of Dayton announced some non-tenure track faculty contracts will not be renewed for the 2025-26 school year, and multiple master’s and doctoral programs will be eliminated, education reporter Eileen McClory reported.

Impact: UD said Friday it has not yet determined how many of the non-tenure track faculty contracts will not be renewed. Notifications will be made by March 15.

Background: The university has been planning to reduce its student headcount by about 10% to 15% and its workforce by a similar amount. UD, one of Dayton’s larger employers, has about 11,000 students overall and 3,700 employees.

Read the latest story.

A new space to create: DIY studio opening in St. Anne’s Hill neighborhood

Devon Stinson is opening Cozy Craft Studios, a DIY arts and crafts studio in the St. Anne’s Hill Historic District featuring workshops, classes and rentable space. NATALIE JONES/STAFF

Credit: Natalie Jones

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Credit: Natalie Jones

Drive east from the Oregon District sometime and check out the St. Anne’s Hill Historic District. It’s beautiful, sure, but things are happening.

Food and dining reporter Natalie Jones connected with Devon Stinson, owner of Cozy Craft Studios, a new DIY arts and crafts studio expected to open in early 2025 in the St. Anne’s Hill.

The idea: Offer hobbyists, makers, creators and artists of all backgrounds a space to connect and flourish.

What they’re saying: “I have found that our entrepreneurial community is really focused in on our tech-based entrepreneurs, but what about those that are in the creative space,” Stinson said. “We will be working with local community artists to actually facilitate and bring in the classes.”

Read the story.

Facing opposition and health challenges, ex-Daytonian stays steadfast in shipwreck quest

A section of the keel of the ship Griffon, courtesy of Great Lakes Exploration, led by former Dayton resident Steve Libert.

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Former Dayton resident and athlete Steve Libert and his friends don’t give up.

For decades, they have pursued the little known shipwreck of Le Griffon, the sailing vessel of French explorer and fur trader René-Robert Cavelier, Sieur de La Salle.

The quest: Libert’s idea, fired by the discovery of a wreck near Poverty Island on upper Lake Michigan, is that this may very well be the Great Lakes’ oldest shipwreck.

But: The 70-year-old Libert faces government and academic doubt, if not outright opposition.

“He’s pretty persistent,” said friend Sam Kingrey, who owns machine shop SK Mold & Tool, which has locations in Troy and Tipp City, with about 55 employees total.

Read the story.

Truck parking but not a ‘truck stop’: Vandalia OKs new business on Webster

The 2nd annual Vandalia Sweet Treats Fest was held on Saturday, May 11, 2024, at the Vandalia Recreation Center’s sports complex, located at 1111 Stonequarry Rd. Hosted by the City of Vandalia, the festival featured food trucks with a dessert option, dessert vendors selling candy and sweets, non-food vendors, wine/beer garden, live music by the Connor Smith Trio, children’s activities and more. TOM GILLIAM / CONTRIBUTING PHOTOGRAPHER

Credit: Tom Gilliam

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Credit: Tom Gilliam

You think you have trouble finding a parking spot? Trying driving a semi.

A developer plans to construct a new truck facility in south Vandalia, easing that problem somewhat, at least in that area.

City council has approved a conditional use request submitted by Rashid Lutfiyev, of Tipp City, for the construction of a truck facility at 6480 Webster St., east of Interstate 75 and north of Stop 8 Road.

Not a truck stop: Council documents show the proposed facility will feature 20 parking spaces for semis and trailers on a fenced-in asphalt surface. The 6-acre project site is zoned for industrial use, and trucks are a permitted conditional use.

The project will also include a physical structure on site, but city officials have specified that the facility will not serve as a truck stop, which includes certain amenities like food, showers, and fueling stations.

Read the story.

Contact me: Thank you for reading this, always. This newsletter belongs to you, so tell me what’s going on. You can reach me at tom.gnau@coxinc.com. I’m also on X, and on Facebook in a couple of places, here and here.

Quick hits

Contrary to social media outrage: Springfield police say no pets have been stolen.

A radio station for music nerds: Tuning in may be tricky, though.

It’s after Labor Day, so: Let’s talk about Trans-Siberian Orchestra.

It’s after Labor Day, so (Part II): Let’s talk about haunted attractions.

Downtown developer: Eyes a new hotel

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