*This content was translated by AI.
McLaren Automotive is launching a £5 billion (approximately 920 billion won) investment program to strengthen its manufacturing, engineering, and operational capabilities in the UK. Notably, McLaren, which had previously shown enthusiasm for SUVs, has now declared plans to produce 'performance SUVs,' drawing attention.
This investment is part of a medium-to-long-term investment plan driven by L'IMAD Holding Company, the Abu Dhabi government's sovereign wealth fund and institutional investor and shareholder of McLaren Automotive. Through this initiative, an integrated operational system covering design, research and development, advanced manufacturing, and vehicle development will be established in the UK.
Based on this investment, McLaren Automotive plans to expand production capacity and gradually increase the scale of next-generation model production. For the first time in the brand's history, it aims to develop engines and transmissions in-house and produce them locally in the UK. The company will first begin developing two types of new engines and transmissions to support its HYBE-led strategy.
Investments in existing major facilities will also be expanded. Operations at McLaren Production Centre in Woking and McLaren Composite Technology Centre, a carbon fiber manufacturing and research facility in South Yorkshire, will be scaled up. The recently opened McLaren Creation Centre in Bicester and vehicle testing and development facilities in the Midlands region will be integrated with the headquarters. This will strengthen competitiveness in lightweighting, carbon fiber, and advanced manufacturing fields.
Through this investment program, 1,000 new direct and indirect jobs will be created at McLaren's UK sites by 2032, while existing employment will be maintained. The production workforce in the UK will expand to twice its current level.
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*This content was translated by AI.
