theguardian.com
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BMW Halts £600m Mini Plant Investment Amid Declining EV Demand
BMW Group paused a £600 million investment in its Oxford Mini plant due to declining electric vehicle demand, impacting 4,000 projected jobs; the plant will continue producing combustion engine Minis while reviewing electric vehicle production plans, and will return a government grant.
BMW Halts £600m Mini Plant Investment Amid Declining EV Demand
BMW Group paused a £600 million investment in its Oxford Mini plant due to declining electric vehicle demand, impacting 4,000 projected jobs; the plant will continue producing combustion engine Minis while reviewing electric vehicle production plans, and will return a government grant.
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