The company said its Halewood plant in Merseyside will be “transformed” for the purposes of building electric power units for future all-electric passenger and commercial vehicles for European customers. It will the first of Ford’s EV component in-house assembly site in the region.
Production will begin mid-2024, with capacity planned to rise to around 250,000 units a year.
Ford confirmed the £230m investment is subject to, and includes a reported £30m of Government support through its £1bn automotive transformation fund. The fund aims to support the development of a high-value end-to-end domestic EV supply chain.
“This is an important step, marking Ford’s first in-house investment in all-electric vehicle component manufacturing in Europe,” said Stuart Rowley, president of Ford of 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...