Labor has struck a confidential deal to build an electric vehicle factory in Morwell, bringing an estimated 500 manufacturing jobs to the Latrobe Valley.

The value of the five-year agreement between the Andrews government and Australian company SEA Electric has been kept secret but the deal has already been signed, meaning it will go ahead no matter the result of next month’s election.

Premier Daniel Andrews boarded his campaign bus again on Tuesday and headed to Morwell. Credit:AAP

It follows the loss of about 750 jobs in the region when the Hazelwood coal-fired power plant closed early last year.

Latrobe Valley residents who may have lost work when Hazelwood closed will be given the opportunity to train with SEA Electric through the government’s worker transition service.