Article 6VEYZ BMW pauses £600m upgrade to Oxford Mini plant as electric car demand falls

BMW pauses £600m upgrade to Oxford Mini plant as electric car demand falls

by
Aneesa Ahmed
from World news | The Guardian on (#6VEYZ)

German carmaker will review plans for site which had been forecast to secure 4,000 jobs in EV production

BMW Group has paused a 600m investment into a Mini car assembly plant on the outskirts of Oxford, amid a declining demand for electric vehicles.

In 2023, the German carmaker, which has owned Mini since 2000, announced the investment to upgrade its Cowley plant for electric production of the Mini. It was supported by government-backed investment, and was forecast to secure 4,000 jobs in electric vehicle production.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2025
Reply 0 comments