# Ford invests £125m to boost Halewood electric power unit production

Ford announced a £125m investment in its Halewood plant to increase electric power unit capacity from 230,000 to 420,000 units per year, safeguarding 500 jobs. Production is set to begin in 2024.

- Type: Expansion
- Announced: 2022-12-01
- Where: Halewood, Merseyside, England, United Kingdom
- Value: $151.0M (125.0M GBP)
- Jobs: 500
- Starts operating: 2024
- Status: announced
- Capacity: 420,000 units per year
- Products: electric power units
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ford Motor Company](https://endata.com/companies/3544.md)

## Sources

- [bbc.co.uk](https://www.bbc.co.uk/news/uk-england-merseyside-63820136), 2022-12-01: "This is an all-important next step for Ford towards having nine electric vehicles on sale within four years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.