Ford has announced a further GBP 125 million investment in its Halewood Plant in UK, plus GBP 24 million for the E:PriME product development centre – coming after a series of ground-breaking APC projects. This follows the commitment by Ford last year to transition operations at the facility to manufacture electric drive units, rather than transmissions for internal combustion engines. Halewood was supported by the APC-managed Automotive Transformation Fund, which was created to electrify Britain’s automotive sector and protect its competitiveness in the global market. The benefits of this latest increase, which includes Government support through the Department for International Trade’s UK Export Finance facility, will not only help safeguard the 500 Ford jobs at Halewood, but will also strengthen a competitive UK supply chain for electronic drive units and could potentially lead to more jobs in British businesses supplying the Halewood site. This new investment raises the total toGBP 380 million and reinforces confidence in the UK’s capability and its electric vehicle supply chain. It’s now projected that 70 per cent of the 600,000 EVs Ford will sell in Europe a year by 2026, will be powered by the Halewood-produced technology.
Ford has announced a further GBP 125 million investment in its Halewood Plant in UK, plus GBP 24 million for the E:PriME product development centre – coming after a series of ground-breaking APC projects. This follows the commitment by Ford last year to transition operations at the facility to manufacture electric drive units, rather than transmissions for internal combustion engines. Halewood was supported by the APC-managed Automotive Transformation Fund, which was created to electrify Britain’s automotive sector and protect its competitiveness in the global market. The benefits of this latest increase, which includes Government support through the Department for International Trade’s UK Export Finance facility, will not only help safeguard the 500 Ford jobs at Halewood, but will also strengthen a competitive UK supply chain for electronic drive units and could potentially lead to more jobs in British businesses supplying the Halewood site. This new investment raises the total toGBP 380 million and reinforces confidence in the UK’s capability and its electric vehicle supply chain. It’s now projected that 70 per cent of the 600,000 EVs Ford will sell in Europe a year by 2026, will be powered by the Halewood-produced technology.
