Ford to invest £125million in North West with EV push
Ford is investing a total of £380m in its Halewood Plant in Merseyside as it transitions to an all-electric vehicle range by 2035.
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Ford is investing a total of £380m in its Halewood Plant in Merseyside as it transitions to an all-electric vehicle range by 2035.
The government and Ford have today announced a £600m loan guarantee deal to 'turbo-charge' the auto giant's plans to ramp up electric vehicle (EV) production at...
UK Export Finance (UKEF) backing worth £600 million will help Ford to expand its electric vehicle production line and deliver on its 2035 net zero plan.
It means that from 2024 the Merseyside factory will be making 420,000 electric power units - the motor and gearbox of the car - each year.
An investment of £380 million will see the Liverpool plant ramp up EV production to 420,000 units a year