Ford to Invest £125 million in its Halewood Plant, England

Specifications:

Name:

Ford to Invest £125 million in its Halewood Plant, England

Location:

Halewood, England

Company:

Ford

Estimated Cost:

£125 million

Source:

https://corporate.ford.com/

Introduction:

Ford has invested a further £125 million in its Halewood Plant, on Merseyside – increasing capacity by 70 per cent – plus £24 million in the supporting E:PriME product development centre.

Features:

Ford’s £24 million E:PriME centre, at Ford’s Dunton product development HQ, is building prototypes of the electric power unit and training Halewood employees in its machining and assembly, assisted by the Advanced Propulsion Centre. The power unit, comprising edrive motor and gearbox, replaces the engine and transmission of a conventional engine vehicle by propelling an EV using battery energy.

Our vision in Europe is to build a thriving business, by extending leadership in commercial vehicles and through the electrification of our car range. Halewood is playing a critical part as our first in-house investment in EV component manufacturing in Europe.”

Last year’s news that the plant, which currently produces transmissions for internal combustion engine vehicles, had won assembly of Ford electric vehicles’ power units brought an initial backing of £230 million to deliver 250,000 units a year from 2024. This was supported by BEIS’ Automotive Transformation Fund, which aims to electrify Britain’s automotive supply chain and protect its competitiveness in the global market.

Halewood’s new power unit capacity, today raised from 230,000 to 420,000 a year – itself a 70 per cent increase – also means that 70 per cent of the 600,000 EVs, which Ford will sell in Europe a year by 2026, will be powered by the Halewood-produced technology. Ford’s EV push in Europe supports the acceleration of the company’s global plan for two million annual production of EVs in the same 2026 time frame.