FORD TO MAKE MAJOR ELECTRIC INVESTMENT IN LIVERPOOL CITY REGION PLANT
Global automobile manufacturer, Ford has outlined plans to invest more than £200m into their Liverpool City Region Halewood plant, in a move which will safeguard about 500 jobs.
Building on its commitment to go all-in on electrification in Europe, Ford intends to invest up to £230m at its Halewood vehicle transmission facility to transform it to build electric power units for future Ford all-electric passenger and commercial vehicles sold in Europe.
Power unit production in Halewood is expected to begin in mid-2024.
The investment – which is subject to and includes UK Government support through its Automotive Transformation Fund – will help safeguard the Ford jobs at Halewood. Stuart Rowley, president, Ford of Europe, said:
“This is an important step, marking Ford’s first in-house investment in all-electric vehicle component manufacturing in Europe. It strengthens further our ability to deliver 100 per cent of Ford passenger vehicles in Europe being all-electric and two-thirds of our commercial vehicle sales being all-electric or plug-in hybrid by 2030”
“We also want to thank the U.K. Government for its support for this important investment at Halewood which reconfirms Ford’s continuing commitment to the UK and our position as a leading investor in this country’s auto industry and technological base.”
Business secretary Kwasi Kwarteng added:
“Ford’s decision to build its first electric vehicle components in Europe at its Halewood site is further proof that the UK remains one of the best locations in the world for high-quality automotive manufacturing. In this highly competitive, global race to secure electric vehicle manufacturing, our priority is to ensure the UK reaps the benefits.”
Ford, which directly employs about 7,000 people in the UK, currently makes transmissions at the 44-acre site in Halewood where operations began in the 1960s.
For more information on Liverpool City Region’s advanced manufacturing sector click HERE.