# McLaren automotive investment and strategic overhaul in UK > Live situation record from CLSTR: https://clstr.news/situations/mclaren-automotive-investment-in-the-united-kingdom > Updated: 2026-09-20T08:45:25.000Z. Sources: 47. Developments: 4. McLaren has announced significant investment plans to expand its automotive operations in the United Kingdom. Initially, the company planned a £450 million investment in its Woking technology centre to bolster manufacturing and research following a restructuring and acquisition by Abu Dhabi-based CYVN Holdings. This phase aimed to create 1,000 jobs and broaden the company’s product range beyond supercars. Following these developments, the investment scale increased to over £500 million. Supported by Abu Dhabi-based sovereign investor L’IMAD, this expanded plan includes the development of new powertrain technologies and the launch of a performance SUV. The new vehicle, internally referred to as the ‘P47’, is a four-door, five-seat hybrid model with all-wheel drive built on a carbon-fiber chassis. While earlier projections suggested a 2028 launch, recent updates indicate the SUV is expected to debut globally by 2029 or 2030, positioning it to compete with luxury models such as the Ferrari Purosangue and Aston Martin DBX. The initiative marks the first time the company will design and manufacture engines and transmissions in-house, moving away from total reliance on external suppliers. This includes the development of two new hybrid engines. The expansion will impact several UK sites, including the production centre in Woking, the composites technology centre in South Yorkshire, and new facilities in Bicester and the Midlands. The company expects to create at least 1,000 direct and indirect jobs by 2032, with the potential to double its manufacturing workforce. CEO Nick Collins stated the investment provides a platform to grow and remain competitive while delivering products in a “McLaren way.” UK government officials have described the move as the “biggest investment in our car industry in the post-war era.” As part of a major strategic overhaul, McLaren intends to phase out its entire current vehicle lineup by 2028. ## Claims - McLaren is developing its first high-performance SUV, which is expected to launch around 2028. (disputed by 6 sources) - The new SUV is expected to debut globally by 2029 or before 2030. (disputed by 2 sources) - McLaren will invest £500 million in its UK engineering and manufacturing operations. (corroborated by 10 sources) - The investment is expected to create at least 1,000 direct and indirect jobs in the UK by 2032. (corroborated by 8 sources) - McLaren will begin manufacturing engines and transmissions in-house for the first time. (corroborated by 8 sources) - McLaren plans to build a new vehicle assembly facility in the United Kingdom. (corroborated by 7 sources) - The upcoming SUV, internally codenamed P47, will feature a hybrid powertrain. (corroborated by 4 sources) - The investment will expand existing operations in Woking and the South Yorkshire composites centre. (corroborated by 4 sources) - The investment is backed by L’IMAD, a sovereign investment fund from Abu Dhabi. (corroborated by 3 sources) - McLaren will produce its first high-performance SUV, intended to compete with models like the Ferrari Purosangue. (corroborated by 2 sources) ## Timeline ### 2026-09-20: McLaren to replace entire current vehicle lineup by 2028 McLaren plans to replace its entire current vehicle lineup, including the GTS, 750S, and Artura, by 2028 to introduce new hybrid technologies and expand its market reach. 3 sources. https://clstr.news/cluster/mclaren-to-replace-entire-current-vehicle-lineup-by-2028 ### 2026-09-16: McLaren to invest £500m in UK expansion and first performance SUV McLaren is investing £500 million in the UK to develop its first performance SUV and expand manufacturing, creating 1,000 jobs and moving toward in-house hybrid powertrain production. 21 sources. https://clstr.news/cluster/mclaren-to-invest-500m-in-uk-expansion-and-first-suv ### 2026-09-14: McLaren to invest £500m in UK for new performance SUV McLaren is investing £500 million in its UK operations to develop its first high-performance hybrid SUV, expected in 2028, and to bring engine manufacturing in-house, creating 1,000 jobs by 2032. 15 sources. https://clstr.news/cluster/mclaren-to-invest-500m-in-uk-to-expand-production-and-jobs ### 2026-09-09: McLaren to create 1,000 UK jobs following £450m investment McLaren is investing £450 million in its UK technology centre, a move expected to create 1,000 jobs and expand its manufacturing and R&D capabilities. 9 sources. https://clstr.news/cluster/mclaren-to-create-1000-uk-jobs-following-450m-investment --- Cite as: McLaren automotive investment and strategic overhaul in UK. CLSTR, https://clstr.news/situations/mclaren-automotive-investment-in-the-united-kingdom