Ford continues to invest. £230 million for a plant in the UK

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Ford is investing in the company’s electric future. This time around, the Halewood gearbox plant in Merseyside qualified for the upgrade. It will be converted into a factory that manufactures electric powertrains for Ford passenger cars and future all-electric vehicles sold in Europe.

Ford wants to spend 230 million pounds on upgrading the plant. Production of electric propulsion units is expected to begin in 2024. Within a year, approximately 250,000 components are expected to be removed from the assembly line. The investment, which is conditional on UK government support as part of the Car Conversion Fund, will help keep Ford jobs in Halewood.

The company has just decided to modernize this plant due to the results in terms of quality, competitiveness, great resource of skills and employee commitment.

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The manufacturer plans to roll out the first all-electric Ford model produced in Europe from the plant in 2023. This will be in Cologne, which houses the production plant and Ford headquarters on this side of the Atlantic.