A decision on the future of Vauxhall's Ellesmere Port plant is expected to be announced tomorrow.
It comes after months of speculation that global carmaker Stellantis could close its North West plant, where around 800 people are employed directly, with thousands more in the supply chain.
Reports have suggested the firm could reveal plans to build a new electric van at the site in a move that would secure its immediate future.
It's believed that after months of negotiation with the Government, ministers have finally decided to provide support for the struggling plant.
A press conference is expected to take place on Tuesday morning at the firm's Cheshire base.
Business Secretary Kwasi Kwarteng will be in attendance
It comes after Nissan last week announced it is to build a new electric model in Sunderland, creating more than 1,600 jobs.
Earlier this year, Vauxhall's French parent company PSA merged with Fiat Chrysler to form a new automotive superpower called Stellantis.
Following that merger, it was revealed that the future of the North West plant was in doubt - largely due to the upcoming ban on new petrol and diesel cars.
Stellantis chief Carlos Tavares told a press conference Governments can "create situations which destroy the business model".
Last week, a senior executive at Stellantis said a "key component" in the survival of the factory is the domestic supply of electric car batteries.