US carmaker Ford announced on Thursday it will invest £150 million ($183.8m) at its Halewood plant in the UK to scale up its electric vehicle portfolio, Kallanish reports.
The investment will increase the plant’s electric power unit production from 230,000 units to 420,000 units/year, powering the Ford E-Transit Custom, Transit Courier, Tourneo Courier, Puma, and future products. The capital boost on EV components will drive total investment in the pla…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.