Ford reveals £125m Halewood electric vehicle parts plant boost

Ford has announced plans to massively increase its production of components for electric cars in a move that will safeguard 500 jobs on Merseyside. The £125m investment - boosted by the government's Automotive Transformation Fund - in the Halewood plant brings the US car giant's spending there to £380m. Ford said it was stepping up its plans to electrify its range of models. The plant will begin making electric power units in 2024. It also means 70% of the 600,000 electric vehicles that Ford plans to sell by 2026 will be powered by Halewood. Ford will also invest a further £24m into the E:PRiME development centre, based in Dunton, Essex.

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