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Electric car company from Sweden set to spark huge investment in region

Uniti says its new electric car could bring huge investment Credit: ITV Anglia

An electric car company from Sweden is promising more than 150 new jobs for the region as it sets up a new manufacturing base in Northamptonshire.

Uniti is hoping to invest hundreds of millions at a new base in Silverstone to produce the Uniti One car.

It's hoped the plant will be up and running by 2020.

The company says it's picked the UK because of its industrial strategy to be a world leader in creating electric and driverless cars.

Uniti CEO Lewis Horne says his firm picked Silverstone for its technical expertise Credit: ITV Anglia

“The UK’s approach to vehicle production, with its focus on light-weighting and innovation in advanced materials, is an ideal model for electric car production globally.

“It’s no secret that some of the world’s best vehicle engineers are clustered around Silverstone. When coupled with a government receptive to our ambition and goals, we couldn’t find a better home to establish our pilot production facility.”

– Lewis Horne, CEO Uniti

The Silverstone plant is the first of several planned initiatives for Uniti in the UK.

The Swedish car maker has already engaged a team of engineers at an R&D centre in Northamptonshire while fostering partnerships with local companies such as KW Special Projects (light weight structure and additive manufacturing), Danecca (EV powertrain), and Unipart (global supply chain).

MEPC’s Roz Bird, Commercial Director at Silverstone Park and also STC Chair, added: “This is fantastic news for Silverstone Park and the Silverstone Technology Cluster – a global destination for engineering, innovation and business development.

“Uniti’s vision for a vehicle production plant at Silverstone Park is very exciting for skills, jobs and the local economy as well as the region’s supply chain.”

Uniti plans to unveil its production models in late 2019 and deliver vehicles to pre-order customers throughout northern Europe shortly thereafter.