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BMW pauses £600mn investment plan to produce electric Minis in Oxford


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BMW has paused a $ 600 million investment plan for making electric mini cars at Oxford

Investment reviews came as a further push of the UK car industry after the plant was shut down by Honda, Ford and JLR for the past decade. In November, Stelantis blamed the UK electric vehicle sales target because it announced to plan Turn off the van factory in LutonKeeping about 1,100 jobs at risk.

“Due to the multiple uncertainty in the face of the automobile industry, the BMW group is currently reviewing the time for the battery-electric mini-production reproduction in Oxford,” German car maker said in a statement.

Car companies are pressing the UK government to put its water down Eve The goals, which require a certain percentage of each car manufacturer’s annual sale of vacant vehicles.

This year will rise from 20 percent to 5 percent this year to 5 percent, the companies have faced a fine of $ 5 for each missed vehicle.

EVS sales are growing in the UK but remains below the government goals, encouraging car makers like Nisan to warn that the government may be at risk in the UK if its EV sales rules are not comfortable.

According to its original plan Announced in 2023BMW wished to create two new electronic models-on the three-door mini-cooper and small mini-assiman-couli site, reducing dependence on petrol cars, providing a lifeline to the factory, which the German group aim was to phase out by 2030.

Based on a system developed by two models BMW And the great wall motor of China. They are currently produced in China and are sold in the EU, which means that models were also hit by the higher tariffs that Brussels imposed on Chinese EV imports in October.

According to the Society of Motor Manufacturers and Traders, new mini cars articles in the UK have dropped by 1.5 percent to 46,755 vehicles last year. Shamidt Automotive Research Data has shown that articles on 2024 electronic mini cars have increased to 4.9 percent in Western Europe with 36,932 vehicles.

BMW’s planning news was first reported by Auto Express.

Last week, the government finished quick track advice with the auto industry on how to improve the flexibility in this project to try to give manufacturers more breathing space.

“We have recognized worldwide challenges in the face of car makers and have heard their concerns. The The While protecting the job, the transport department said.

After the completion of the consultation, the Ford UK boss Lisa Brancin called for purchase incentives and other government assistance, warning that “accepting electric vehicles is not happening enough”. The US Group announced last year to spend five jobs in the UK due to the slower sale of EV.



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