◂ Announcements

May 14, 2024EXPANSIONBolton, Greater Manchester, UK, United Kingdom

Astemo UK to build new inverter production line at Bolton plant

Astemo UK Ltd. will build a new production line for next-generation EV inverters at its Bolton plant in Greater Manchester, UK, with a total program investment of over £100 million, supported by the UK Government's Automotive Transformation Fund, and production scheduled to begin in April 2027, creating an estimated 220 jobs.

Value

$129.0M (100.0M GBP)

Jobs

220

Starts operating

Apr 2027

Status

Announced

Productsnext-generation EV inverters

CompaniesAstemo UK Ltd.Astemo investor

Sectors#Automotive Components #Semiconductors and Industrial Electronics

“This investment in our Bolton plant in the UK will mark the fourth country in which Astemo manufactures inverters.”astemo.com

1 source
astemo.comNews Release | Astemo, Ltd.May 14, 2024

Summarized from public sources; check the original articles before acting on it.

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