McLaren is expanding its electric vehicle lineup with a new SUV model as part of a major £1.5 billion investment by its Abu Dhabi-backed owners. The funding will also finance a £500 million overhaul of production facilities, including plans to bring engine manufacturing in-house. The move signals a strategic shift toward greater self-sufficiency and a broader EV portfolio for the British performance carmaker. Industry analysts suggest the investment could reshape McLaren’s long-term competitiveness in the luxury electric vehicle market.


McLaren's SUV plan is part of £1.5 billion investment by the automaker's Abu Dhabi owners that will include £500 million to overhaul production and bring engine production in-house.