Home » UK Business News • UK Employment news » Ford will add 500 new jobs as part of £125 million expansion in Merseyside
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Motoring giant Ford has revealed plans for a massive expansion that will create 500 jobs on Merseyside.
The move will enhance its production of electric vehicle components in the Halewood plant.
The company secured £125m in funds from the government's Automotive Transformation Fund.
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The move means the US automaker's overall spending in the area will increase to £380 million.
The company hopes to start making electric power units at the plant by 2024.
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Testing and prototype construction have already begun.
Kieran Cahill, Ford's European Industrial Operations vice-president, said: "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 [electric vehicle] component manufacturing in Europe."
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The increased investment will boost the factory's annual capacity from 230,000 to 420,000 units.
It also implies that Halewood will power 70 percent of the 600,000 electric vehicles Ford wants to sell by 2026.
Ford will also invest £24 million into the E-Prime (Electrified Powertrain in Manufacturing Engineering) development centre based in Dunton, Essex.
Source: BBC
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