McLaren will begin production of a performance SUV in Britain in the coming years, as the first in a new line-up of models enabled by a landmark £500 million investment that will fund another factory, significantly boost its production volumes and create 4000 jobs.
McLaren merged with EV start-up Forseven in early 2025 and hinted at plans for a significant expansion of its operations and model line-up, but had yet to reveal any firm details about what the future held for the Woking supercar maker.
Now, McLaren has confirmed £500m of investment from the Abu Dhabi government's L'IMAD investment arm, and has disclosed new details of how the company will be transformed over the coming years - as well as confirming that it will launch a long-mooted SUV model line. That machine could be carbon-tubbed and is likely to spawn other front-engined models in the future.
Speaking exclusively to Autocar, McLaren's chief operating officer Michael Straughan gave details about what the announcement means for the company and its cars, and emphasised the firmness of the strategy that has been signed off.
"There's a roadmap for about the next 10 years that gives us real confidence. We've got a growth plan and a delivery perspective on how we can get to where we want to get to,” he said.
"This isn't empty words - this is a firm plan, and we'll be held to task against the plan, and rightly so."
L'IMAD is McLaren's new owner, having recently absorbed CYVN Holdings, which acquired the sports car firm from Bahraini wealth fund Mumtalakat in late 2024 and promptly merged it with another automotive brand in its portfolio, Forseven. L'IMAD's £500m injection into Woking forms part of a "larger commitment" in McLaren's future, but it has not hinted at the scope of any future investments.
The money will be used to develop future models and expand McLaren's UK production operations, chiefly with the addition of a second assembly facility to supplement the McLaren Production Centre at Woking, which built around 2000 cars in 2025.

The company has not revealed where this new facility will be, but said it forms part of a plan to "ensure the next generation of McLaren Automotive cars are built in Britain" - including the long-awaited SUV, which is in the advanced stages of planning ahead of a launch before 2030.
Straughan explained that the expansion into new car segments makes extra production capacity necessary: "No longer will we be only rear-engined, rear-wheel-drive cars. There's going to be front-engined, and either four-wheel drive or perhaps rear-wheel drive in the future. It's very difficult off one assembly line, so we need another assembly line - wherever we decide to put that."




