As they transition to electric, carmakers are in desperate need of battery supplies, with dozens of new battery facilities planned across Europe and America as they begin to open up. Ford Motor Co's (F.N) intentions to go electric in Europe received a boost on Monday when the company said it would invest up to 230 million pounds ($316 million) to revamp an engine factory in northern England to produce electric car power units rather than combustion-engine transmissions. The No. 2 United States carmaker has stated that its European car lineup will be all-electric by 2030. read more Ford's announcement is a boost to workers making fossil-fuel engines at its Halewood plant in Liverpool, where businesses such as Mercedes-Benz Daimler have warned that switching to electric will cost jobs at combustion-engine plants. The shift to electric has also been accompanied by changes in the automotive landscape, with a large number of startups vying to be the next Tesla Inc (TSLA.O).