Vauxhall’s parent company says it will invest 100 million pounds ($138 million) to make electric vans and cars at its factory in northwestern England
LONDON — Vauxhall’s parent company announced Tuesday that it will invest 100 million pounds ($138 million) to make electric vans and cars at its factory in northwestern England.
The future of the plant had been in doubt after Stellantis announced that the new Astra car model wouldn’t be built there.
Tuesday’s announcement secured more than 1,000 jobs at the plant, as well as thousands more in the supply chain that rely on the factory for their livelihood.
Vauxhall was believed to have been seeking financial support from Britain’s government to help convert the factory from producing diesel and petrol vehicles to electric ones. Business Secretary Kwasi Kwarteng told reporters Tuesday that the government has “contributed an amount,” but declined to provide details.
The factory, which has produced more than 5 million vehicles since it opened in the 1960s, will now focus on making electric vehicles. Britain is set to ban the sale of new gasoline and diesel vehicles in 2030.