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BMW to invests in factory near Oxford to build a new generation of Mini electric cars

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London, 11 September, 2023, (Oilandgaspress) – BMW are set to announce a multi-million-pound investment in their Oxford MINI plant, which will take investment in the UK automotive sector to over £6 billion.
Ahead of a visit to the MINI plant in Oxford, Business and Trade Secretary Kemi Badenoch has today (11 September) hailed the success of the UK Government’s plan for automotive, as the sector looks ahead to a bright future thanks to over £6 billion of investment over the last two years.

This comes as BMW are set to announce a multi-million pound investment to transform their Oxford plant, securing 4,000 high-quality jobs and strengthening the electric vehicle supply chain. The news follows extensive government engagement and support.

The Government is securing investment from industry by providing support for new plants and upgrades to ensure that the UK automotive industry thrives long into the future.

Information Source: Read More

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