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.
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Source link : https://www.theguardian.com/business/2025/feb/22/bmw-pauses-600m-upgrade-oxford-mini-plant-electric-vehicle-demand
Author : Aneesa Ahmed
Publish date : 2025-02-22 13:47:00
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