As part of its commitment to go all-in on electrification in Europe, Ford on Monday announced that it intends to invest up to £ 230 million at its Halewood vehicle transmission facility.
The Ford Halewood transmission facility was chosen to supply the power units given its significant record on quality, competitiveness, and the employees' strong skills base and commitment.
According to the automaker, the investment will help it transform and build electric power units for the brand's future all-electric passenger and commercial vehicles sold in Europe. The power unit is the complete all-electric assembly that replaces the engine and transmission in a conventional petrol or diesel engine vehicle.
Power unit production in Halewood with a production capacity of 250,000 units a year is expected to begin in mid-2024. The investment – subject to and includes the UK Government support through its Automotive Transformation Fund – will help safeguard the Ford jobs at Halewood.
Stuart Rowley, President, Ford Europe, said, 'This is an important step, marking Ford’s first in-house investment in all-electric vehicle component manufacturing in Europe. It strengthens further our ability to deliver 100% of Ford passenger vehicles in Europe being all-electric and two-thirds of our commercial vehicle sales being all-electric or plug-in hybrid by 2030.”