Ford to convert British factory into electric vehicle plant

A general see of the Halewood Ford transmission assembly plant after Ford introduced a 230 GBP financial investment on Oct 18, 2021 in Halewood, England.

Christopher Furlong | Getty Pictures

LONDON – Ford announced Monday that it intends to shell out $315 million (£230 million) transforming a manufacturing unit in northwest England into a website that will make elements for electrical vehicles.

The vehicle transmission facility in Halewood, Merseyside, will be turned into an electric power device production plant, the U.S. motor huge stated.

Ford stressed that the financial investment is topic to and involves U.K. govt support, which reportedly quantities to £30 million.

“This is an essential stage, marking Ford’s 1st in-home expense in all-electric powered car or truck part production in Europe,” reported Stuart Rowley, president of Ford Europe, in a statement.

“It strengthens additional our means to deliver 100% of Ford passenger vehicles in Europe becoming all-electric powered and two-thirds of our professional vehicle sales becoming all-electrical or plug-in hybrid by 2030,” he extra.

Ford stated it will start out generating the electric power models at Halewood in mid-2024, introducing that it options to deliver close to 250,000 of them at the web-site each yr.

Previous calendar year, the U.K. government created a £500 million pot to attempt to persuade electric powered car or truck manufacturers and battery makers to grow their operations in the U.K. It needs gross sales of new petrol and diesel cars to conclusion in the U.K. by 2030.

In other places this year, Nissan and Stellantis, the world’s fourth most important vehicle maker, have also declared electric car or truck investments at their U.K. crops. BMW presently helps make the electrical Mini at a site in Oxford.

U.K. Business enterprise Minister Kwasi Kwarteng said in a statement: “Ford’s decision to build its initial electrical motor vehicle factors in Europe at its Halewood website is further evidence that the United kingdom continues to be a person of the most effective places in the earth for large-excellent automotive production.”

Ford explained 500 positions at the factory will be safeguarded as a outcome of the expense.