The factory will produce roughly 200,000 cars annually, with ICE and BEVs being built on the same platform. In 2030, the Oxford Plant will switch to EV-only, at which point Mini will likely switch to an all-electric brand. The plant in China was built specifically for electric models, so Mini won’t have any ICE factories left.
“With this new investment, we will develop the Oxford plant for [the] production of the new generation of electric Minis and set the path for purely electric car manufacturing in the future,” said Milan Nedeljkovic, Member of the Board of Management of BMW AG responsible for production.
According to AutoExpress, of the $751.5 million BMW is investing, £75 million (roughly $94 million) is being paid by UK taxpayers. The UK government has made this investment to secure jobs at both plants. This news should be welcomed by the people of Swindon, who already suffered significant job losses after Honda closed its Civic plant.
