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US auto giant Ford on Monday unveiled plans to convert a UK factory into its first electric vehicle component assembly site in Europe. Ford will invest £230 million ($316 million, 273 million euros) in its Halewood plant on Merseyside in northwest England, the carmaker said. Production will start in 2024 in a move expected to safeguard hundreds of jobs. "This is an important
The project has been backed by a UK Government grant of taxpayers' cash which, although not disclosed, is understood to be between £25million and £30million.
LONDON—Ford Motor Co. plans to spend up to 230 million pounds ($315 million) to turn a transmission factory ...
The investment will safeguard 500 jobs at Merseyside factory
Ford Motor to spend $315 mn to make electric power units in northwest England