Ford to Invest $316 Million to Make EV Parts at U.K. Factory
- Decision comes after U.K. government pledges funding support
- Halewood transmission plant will make power units from 2024
Ford’s facility in Halewood, U.K.
Source: Google Maps
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Ford Motor Co. will invest as much as 230 million pounds ($316 million) to start making electric-vehicle components at an existing plant near Liverpool after the U.K. government pledged financial support.