Ford To Invest In green Car Production In The Uk
Ford UK has recently received a massive boost to its low carbon vehicle strategy
, as the company announced 1.5bn funding backed partly by government loan guarantees.
Ford UK plans to invest the 1.5billion in the development of new environmentally friendly engines and vehicle technologies over the next five years. The 1.5billion investment is supported by government loan guarantees of 360m as part of the Automotive Assistance Programme - a 2.3bn support programme developed to modernise and green up the UK automotive industry.
The British Government have agreed the loan guarantees subject to the approval of a 450m loan currently being considered by the European Investment bank.
Six projects across all four of Ford UKs sites Southampton, Dagenham, Dunton and Bridgend will benefit from the support. The government says that this support will safeguard 2,800 skilled jobs at these sites as well as creating new jobs as these technologies become more mainstream.
The six projects include further development and testing of 15 Ford Focus BEV electric vehicles, development of the Transit and Connect vans and the development of low carbon emission diesel and petrol engines. This funding will also be invested in production facilities for new lower carbon engines in Bridgend.
The Business Secretary Lord Mandelson announced the investment, saying: Today is about demonstrating a major turnaround in the UKs capability to produce low carbon vehicle technology. Im proud that backing Ford with this investment is also backing wider UK advanced manufacturing.
The chairman of Ford Britain, Joe Greenwell, said: Ford welcomes this positive support from the Government. It greatly assists in delivering Ford's commitment to invest over 1.5 billion in new, affordable, volume-produced low CO2 technologies. This is good news for UK manufacturing, and good for the automotive industry.
Ford is committed to the environment and already offers a wide range of greener cars with low carbon emissions and great fuel economy. The Ford Fiesta Econetic is particularly fuel efficient with some of the lowest carbon emissions in its class and the new Ford Ka also rates very highly as a green car. You can buy a new Ford Fiesta Econetic or new Ford Ka from a Dinnages Ford dealership near you.
Article published by
Dinnages Ford: the first choice for new and used Ford cars in Sussex with showrooms in Worthing, Burgess Hill and Haywards Heath.
by: Stan Duke
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