Ford announces $316 million UK facility transformation to build first EV components in Europe
October 19, 2021
Ford has announced that its vehicle transmission facility at Halewood in the UK will be transformed to build electric power units for future Ford passenger and commercial EVs in Europe. The £230 million (~$315 million) investment will see a complete revamp to the facility, which is scheduled to begin EV component production in 2024. When complete, the Halewood site will be the first producing EV…