BMW’s $750 Million Investment Will Help Mini Go All-Electric

  • 📰 AutoweekUSA
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The United Kingdom and China will be instrumental in cementing Mini’s production plans.

Mini already showed us its new electric lineup for the coming model years, but it didn't exactly tell us how or where it would make these models.

Retooling the plants will be essential, but Mini is also relying on a joint venture with Chinese automaker Great Wall Motors to build and export additional EV Minis.. Bigger batteries, longer range figures, and a more robust chassis characterize the electrified Cooper and Countryman model, but a more existential question faces the German-owned, English-based brand.

Mini’s new electric Countryman will be produced in Leipzig, Germany, coming out of the plant that birthed the BMW i8.from executives in Bavaria, it's clear that Mini won't struggle to reinvent itself in the coming years. This massive investment could pay dividends in the near future, too, as Mini says this new capital will be used for retooling and refreshing its Oxford and Swindon plants for electric-vehicle production.

 

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:

 /  🏆 229. in BUSİNESS

Business Business Latest News, Business Business Headlines