Ford said to invest £230m in it’s Halewood plant on Merseyside to make electric car parts, helping safeguard 500 jobs in the UK. The investment will mean the plant will run for many years longer, said Stuart Rowley, president, Ford of Europe.
Government Automotive Transformation Fund
Part of the investment will come from the government’s Automotive Transformation Fund. “We’re really pleased with the support from the UK government,” Mr Rowley said in an interview with the BBC. “We’re not disclosing the exact amount, but it was good support for what is a very significant investment in the UK.” Rowley also noted that the government support was “a part of the decision” to choose to invest in Halewood, “but not the only element”.
Ford’s Halewood plant will begin manufacturing electric power units – which replace the engine and transmission in petrol cars – in 2024. Ford is not the first company … Read more