In the coming years, appliances and home electronics will increasingly rely on electric power, according to a report from Harroards.
In a series of new developments, the retail chain will make its first foray into the world of electricity.
The new appliance company is building an all-electric plant at the end of the year in the UK’s Harroden neighborhood.
The plant is slated to create more than 1,000 new jobs, and Harroords plans to invest around $10 million in the project.
The company says the electric plant will allow it to scale up the efficiency of its manufacturing process, which has traditionally relied on steel, copper, and glass.
“We’re seeing the need for a higher efficiency process in order to be competitive in the world market,” John Fennell, senior vice president of product development, told Recode.
“The plant will be one of the first examples of this.”
The company’s announcement comes after it announced that it had acquired an electric car company, Electric Drive, in December, and has partnered with Tesla Motors to develop its own electric vehicle.