Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’

by
February 24, 2025
in Investing
0
BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

BMW has confirmed a delay to the reintroduction of electric vehicle (EV) production at its iconic Mini plant in Oxford, blaming a confluence of factors shaping the beleaguered automotive sector.

The German carmaker said the decision includes pausing a £600m upgrade of the facility and declining a £60m grant offer from the government, although it maintained that close discussions with Westminster continue.

The UK industry has been grappling with ambitious EV targets mandated by the government, known collectively as the zero emission vehicle (ZEV) mandate, which determines the proportion of electric vehicles that manufacturers must sell. Carmakers have long argued these targets are set too high for the current market, with Stellantis notably pointing to the ZEV policy as a key factor in its decision to close its Luton van plant late last year.

Despite BMW’s re-evaluation of timelines, it insists significant elements of the original Oxford investment remain on track. Construction work is reportedly “well under way”, including a state-of-the-art logistics hub.

Production of two next-generation electric Minis was initially slated for a 2026 launch, but revised schedules have yet to be confirmed. A BMW spokesperson commented: “Given the multiple uncertainties facing the automotive industry, the BMW Group is currently reviewing the timing for reintroducing battery-electric Mini production in Oxford.”

Government officials have acknowledged the challenges confronting carmakers and are currently consulting on “reinstating the 2030 electric vehicle deadline while also protecting jobs,” a Department for Transport spokesperson noted. Ministers maintain that more than £2.3bn has been allocated to encourage both the industry and consumers to switch to electric, with the majority of manufacturers aiming to meet or exceed existing ZEV targets.

Read more:
BMW delays electric Mini production at Oxford, over ‘multiple uncertainties’

Previous Post

Music Charity for Children Benefits from Streams

Next Post

Too Much Law, Not Enough Judging

Next Post
Too Much Law, Not Enough Judging

Too Much Law, Not Enough Judging

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

Microsoft Planner vs Trello: Which Project Management Tool is Better?

May 24, 2023

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021
IEEPA Tariffs: Not an Essential Foreign Policy Tool

IEEPA Tariffs: Not an Essential Foreign Policy Tool

0

0

0

0
IEEPA Tariffs: Not an Essential Foreign Policy Tool

IEEPA Tariffs: Not an Essential Foreign Policy Tool

November 4, 2025
The Supreme Court Should Strike Down the Trump Tariffs

The Supreme Court Should Strike Down the Trump Tariffs

November 4, 2025
Why Aren’t More Health Policy Commentators Libertarians?

Why Aren’t More Health Policy Commentators Libertarians?

November 4, 2025
Ending Trump’s IEEPA Tariffs Would Bolster Manufacturing and the Rule of Law

Ending Trump’s IEEPA Tariffs Would Bolster Manufacturing and the Rule of Law

November 4, 2025

Recent News

IEEPA Tariffs: Not an Essential Foreign Policy Tool

IEEPA Tariffs: Not an Essential Foreign Policy Tool

November 4, 2025
The Supreme Court Should Strike Down the Trump Tariffs

The Supreme Court Should Strike Down the Trump Tariffs

November 4, 2025
Why Aren’t More Health Policy Commentators Libertarians?

Why Aren’t More Health Policy Commentators Libertarians?

November 4, 2025
Ending Trump’s IEEPA Tariffs Would Bolster Manufacturing and the Rule of Law

Ending Trump’s IEEPA Tariffs Would Bolster Manufacturing and the Rule of Law

November 4, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.