McLaren Automotive has announced a £500m investment programme to expand its UK manufacturing, engineering and operations, enabling it to accelerate the development of its next generation of models.
The investment forms part of a larger commitment from McLaren Automotive shareholder L'IMAD, a sovereign investor of the Government of Abu Dhabi, and reinforces McLaren's commitment to Britain, where Bruce McLaren founded the company in 1963.
Expanding McLaren Automotive in the UK
The company said the investment will enable McLaren Automotive to expand its production capability, increasing vehicle output to ensure the next generation of McLaren Automotive cars are built in Britain 'including a newly confirmed performance SUV'. This will be made possible by a new vehicle ****** embly facility planned in the UK.
For the first time in its history, McLaren Automotive's future powertrains will be designed and built in-house, starting with two new engines and transmissions. This will support the company's hybrid engine strategy, building on McLaren Automotive's use of hybrid technology, which started with the McLaren P1.
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The investment forms part of a larger commitment from McLaren Automotive shareholder L'IMAD, a sovereign investor of the Government of Abu Dhabi, and reinforces McLaren's commitment to Britain, where Bruce McLaren founded the company in 1963.
Expanding McLaren Automotive in the UK
The company said the investment will enable McLaren Automotive to expand its production capability, increasing vehicle output to ensure the next generation of McLaren Automotive cars are built in Britain 'including a newly confirmed performance SUV'. This will be made possible by a new vehicle ****** embly facility planned in the UK.
For the first time in its history, McLaren Automotive's future powertrains will be designed and built in-house, starting with two new engines and transmissions. This will support the company's hybrid engine strategy, building on McLaren Automotive's use of hybrid technology, which started with the McLaren P1.
#next
2 months ago
