AR giant Ford is investing £230 million in a UK factory to manufacture electric vehicle parts, providing a huge boost to the motor industry.
Hailwood will be Ford’s first electric vehicle component in-house assembly site in Europe, with production beginning in 2024 – and the move protects hundreds of jobs.
This is a significant step, marking Ford’s first in-house investment in manufacturing all-electric vehicle components in Europe.
Ford has committed to making all passenger vehicles fully electric and two-thirds of its commercial vehicle sales all-electric or plug-in hybrids by 2030.
Production of the power unit at Halwood is expected to begin in mid-2024, with a capacity planned to be approximately 250,000 units per year.
Ford said the investment is subject to, and includes, Government Support through its Automotive Transformation Fund.
Stuart Rowley, Ford’s President of Europe, said: “This is a significant step forward, marking Ford’s first in-house investment in all-electric vehicle component manufacturing in Europe.
“This further strengthens our ability to have 100% of Ford passenger vehicles in Europe be full-electric and two-thirds of our commercial vehicle sales by 2030 to be electric or plug-in hybrid.
“We also want to thank UK government For its support for this important investment in Hailwood, which reaffirms Ford’s continued commitment to the UK and our position as a leading investor in this country’s auto industry and technology base.
unite Secretary General Sharon Graham said: “This investment is excellent news for the highly skilled workforce at Hailwood as it secures the future of the plant.
“It is absolutely essential that the Government does not view this investment as one-off, but supports similar plans to ensure that the entire UK automotive industry experiences a smooth transition to the move to electric vehicles.”
Unite National Officer Des Quinn said: “Unite is fully dedicated to protecting the jobs, wages and conditions of all our members and working to ensure that the UK’s world-class automotive sector has similar opportunities. projects should be adopted.”
Ford said Hailwood was selected to supply power units that replace the engine and transmission in a conventional petrol or diesel engine vehicle, given its outstanding record on quality, competitiveness and the strong skill base and commitment of employees. Happened.
Hailwood currently makes transmissions for many Ford passenger and commercial vehicles and exports all of its production.
Ford is one of the UK’s largest exporters, exporting engines and transmissions from its facilities in more than 15 countries across six continents – generating about £2.5 billion annually from overseas sales.