BMW's iconic Mini goes all electric
German automotive major, BMW on Monday announced an investment of more than £600 million in the MINI factories at Oxford and Swindon, UK, to transform the production plants to an all-electric production site from 2030.
The company will produce two electrified models –MINI Cooper 3-door and compact crossover MINI Aceman that will begin in the UK in 2026. The factory will reach a production capacity of around 200,000 cars per year in the medium term, with ICE and battery electric vehicles initially being built on the same production line. From 2030, the Oxford Plant will produce all-electric MINI models exclusively.
"With this new investment we will develop the Oxford plant for production of the new generation of electric MINIs and set the path for purely electric car manufacturing in the future," says Milan Nedeljković, Member of the Board of Management of BMW AG responsible for production.
The latest announcement has come after the U.K. government agreed to invest an undisclosed sum into the project to secure jobs at the Oxford manufacturing plant and at the body-pressing facility in Swindon.
"This decision is a big vote of confidence in the UK economy and the work of this government to ensure the continued strength of our world-leading automotive sector. We are proud to be able to support BMW Group's investment, which will secure high-quality jobs, strengthen our supply chains and boost Britain's economic growth," said Kemi Badenoch, Secretary of State for Business and Trade.