In this Tuesday, July 27, 2021 record photo, a presumption of a Ford logo connected signage astatine Country Ford successful Graham, N.C. Ford Motor Co. plans to walk up to 230 cardinal pounds ($315 million) to crook a transmission mill successful northwest England into a works that volition marque electrical powerfulness units for cars and trucks sold passim Europe. The carmaker said Monday, Oct. 18, 2021 that the Halewood works would statesman producing the powerfulness units, which regenerate the motor and transmission utilized successful interior combustion engines, by mid-2024. Credit: AP Photo/Gerry Broome, File
Ford Motor Co. plans to walk up to 230 cardinal pounds ($315 million) to crook a transmission mill successful northwest England into a works that volition marque electrical powerfulness units for cars and trucks sold passim Europe.
The carmaker said Monday that the Halewood works would statesman producing the powerfulness units, which regenerate the motor and transmission utilized successful internal combustion engines, by mid-2024. Capacity is planned to beryllium astir 250,000 units a year.
Ford said the concern includes enactment from the British government, though it did not specify the amount. Ford is 1 of the U.K.'s largest exporters, shipping engines and transmissions from its plants to much than 15 countries connected six continents.
"This is an important step, marking Ford's archetypal in-house concern successful all-electric conveyance constituent manufacturing successful Europe,'' said Stuart Rowley, president of Ford of Europe.
Ford plans to merchantability thing but all-electric rider vehicles successful Europe by 2030, with two-thirds of commercialized conveyance income expected to beryllium all-electric oregon plug-in hybrid by that date.
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