Ford announces major UK investment
- 1 December 2022
- Posted by: Alan Feldberg
- Category: News
Ford has invested a further £125m in its Halewood Plant, on Merseyside, increasing capacity by 70%.
This means that 70% of the 600,000 EVs which Ford will sell in Europe a year by 2026 will be powered by the Halewood-produced technology.
The company will also invest a £24m in the supporting E:PRiME product development centre.
This announcement takes total investment in enabling Halewood’s transformation to an EV component plant to almost £380m.
Kieran Cahill, Ford’s European industrial operations vice-president, said: “Ford is a global American brand, woven into the fabric of Europe for more than 100 years and a major employer here at Halewood for almost 60 years. Our vision in Europe is to build a thriving business, by extending leadership in commercial vehicles and through the electrification of our car range. Halewood is playing a critical part as our first in-house investment in EV component manufacturing in Europe.”
Tim Slatter, chairman of Ford UK, said: “This is an all-important next step for Ford towards having nine EVs on sale within two years. Our UK workforce is playing a major role in Ford’s all-electric future, demonstrated by Halewood’s pivot to a new zero-emission powertrain, and E:PRiME’s innovation at Dunton in finalising the production processes.”