BMW to make ‘multi-million’ UK investment in Mini EV output

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

With all Minis set to be electric by 2030, the Oxford plant will be refitted to strengthen the supply chain.

PM Rishi Sunak lauded BMW’s investment as further proof that the UK is the ideal location to manufacture the cars of the future.

The money will be used to “transform” BMW’s plant in Oxford, southern England, “securing 4,000 high-quality jobs and strengthening the electric vehicle supply chain”, the government said in a press release. “By backing our car manufacturing industry, we are securing thousands of jobs and growing our economy right across the country,” he added, with his government having offered tens-of-millions of pounds in support for BMW.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines