This investment is set to create 150 new high-skilled jobs in Northamptonshire and Oxfordshire
Mercedes-Benz plans to invest £20 million in the UK, a move that will create 150 new high-skilled jobs . The investment, half of which is provided by the UK government, is aimed at bolstering the transition to electric vehicles. The new positions will be created in Northamptonshire and Oxfordshire, with the deal also protecting 34 existing jobs.
- Major Investment and Job Creation: Mercedes-Benz has announced a significant plan to invest £20 million in the UK automotive sector. This investment is set to create 150 new high-skilled jobs in Northamptonshire and Oxfordshire.
- Focus on Electric Vehicles: The investment directly supports the UK’s strategic goal of embracing the transition to electric vehicles (EVs) . The move is designed to bolster the nation’s capacity in high-skilled automotive manufacturing and technology.
- Government Funding: The UK government is providing substantial support to the plan, contributing £10 million through the Advanced Propulsion Centre. This funding acts as a key incentive for the major car brand to locate the high-skilled positions within the UK.
- Job Security and Location: In addition to creating 150 new roles, the investment will also protect 34 existing jobs in the area. The new high-skilled positions will be based in Northamptonshire and Oxfordshire .
- Prime Minister’s Endorsement: Prime Minister Sir Keir Starmer endorsed the announcement, stating that by working with likeminded leaders, the government is delivering on public priorities . He added that the investment will help with the public’s priorities and the goal of cutting the cost of living .
- Timing and Context: The announcement follows Chancellor Rachel Reeves outlining the Autumn Budget, which included a new pay-per-mile levy on EV drivers . The move signals strong government support for continued investment in the UK’s EV manufacturing sector.
[ Major car brand announces £20 million investment creating 150 jobs in the UK ]
