Ford has revealed plans to remodel its gearbox plant on Merseyside to construct electrical energy items from 2024, safeguarding 500 jobs.
Sky Information revealed final month that the Halewood factory was in competitors with a web site in Germany to safe the work.
Ford stated the federal government was supporting its funding via the Automotive Transformation Fund.
The corporate stated Halewood could be its first in-house electrical automobile part meeting web site in Europe.
The location is to construct electrical energy items – the replacements for the engine and transmission in a standard petrol or diesel engine automobile – for future all-electric passenger and industrial autos offered in Europe, Ford stated.
Stuart Rowley, Ford of Europe president, stated of the choice: “It strengthens additional our capability to ship 100% of Ford passenger autos in Europe being all-electric and two-thirds of our industrial automobile gross sales being all-electric or plug-in hybrid by 2030.
“We additionally wish to thank the UK authorities for its assist for this vital funding at Halewood which reconfirms Ford’s persevering with dedication to the UK and our place as a number one investor on this nation’s auto trade and technological base.”
Ford’s announcement builds on progress within the anticipated electrical automobile future within the UK this yr because the clock ticks right down to the federal government’s 2030 ban on the sale of recent petrol and diesel-powered automobiles beneath plans to sort out climate change.
Stellantis, the proprietor of Peugeot and Vauxhall, unveiled plans in July to take a position £100m in electric production at Ellesmere Port whereas Nissan has additionally confirmed a £1bn funding for a brand new electrical mannequin and a battery plant in Sunderland.
Plenty of different gigafactories are additionally beneath dialogue.
The union Unite, which was concerned within the negotiations, welcomed the funding nevertheless it referred to as on the federal government to accentuate its efforts if the auto sector is to be able to ship a functioning electrical automobile system.
Kevin Pearson, Unite’s consultant for Halewood, stated: “The choice recognises the expertise, dedication and competitiveness of our world class workforce and is a good supply of delight for all of us working at Halewood Transmission Plant and for the broader group.”