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Ford announces GBP 125M investment in Halewood Plant, GBP 24M in E:PriME center
The Fly

Ford announces GBP 125M investment in Halewood Plant, GBP 24M in E:PriME center

Ford has invested a further GBP 125M in its Halewood Plant, on Merseyside, increasing capacity by 70% and GBP 24M in the supporting E:PriME product development center. This announcement takes total investment in enabling Halewood’s transformation to an EV component plant to almost GBP 380M. Halewood’s new power unit capacity, raised from 230,000 to 420,000 a year, a 70% increase, also means that 70% 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. Halewood will deliver to the vehicles’ assembly lines at Ford Otosan plants in Romania and Turkey, making up a significant share of Ford UK’s annual export value from the Merseyside plant, as well as Dagenham – currently worth GBP 2.1B annually.

Published first on TheFly

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