The plant will produce about 250,000 power units annually from mid-2024, the first European in-house location to make electric vehicle parts for Ford, which has pledged that its car line-up for the continent will be fully electric by 2030. .
see photosFord has pledged that its car line-up for the continent will be fully electric by 2030
Ford said on Monday it would invest up to £230 million ($316 million) to manufacture electric car components at its Hailwood factory in northern England. The plant will produce about 250,000 power units annually from mid-2024, the first European in-house location to make electric vehicle parts for Ford, which has pledged that its car line-up for the continent will be fully electric by 2030. . The government is contributing investments through its Automotive Transformation Fund as brands ramp up their electrification plans ahead of the combustion engine ban, and countries compete with each other for secure jobs.
The British government has attempted to provide around 10% of the total investment value for automotive firms. “This is a significant step forward, marking Ford’s first in-house investment in manufacturing all-electric vehicle components in Europe,” said Ford Europe President Stuart Rowley. The carmaker also has a transmission facility in Cologne, Germany. Ford said that Hailwood, which employs approximately 500 people, was selected because of its “excellent record on quality, competitiveness and strong skills base and commitment of employees”.
Ford also has transmission facilities in Cologne, Germany.
In July, Nissan promised to invest more in the UK with a new battery plant, and Stelantis said less than a week later its Vauxhall Ellesmere Port factory would build electric vans. Following Britain’s 2016 Brexit vote, many in the automotive industry were concerned about trade barriers, but the December 2020 exit deal between London and Brussels saw zero-tariff access for the region, Subject to the minimum level of parts obtained from.
“In this highly competitive, global race to secure electric vehicle manufacturing, our priority is to ensure that the UK benefits,” said Trade Minister Quasi Quarteng.
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