BMW’s $750M U.K investment will make Mini all-electric by 2030

BMW is making a substantial investment of 600 million pounds (equivalent to $750 million) at its manufacturing facility in Oxford, United Kingdom. This investment is part of BMW’s ambitious plan to transition its Mini brand to become entirely electric by the year 2030.

Beginning in 2026, BMW is set to produce two electric models at its English plant. These models include the three-door version of the Mini Cooper and the compact Aceman crossover.

In addition to the Oxford facility, BMW is planning investments in its U.K. plant located in Swindon, which produces components for Mini vehicles. However, the company has not yet disclosed the fate of its engine plant in Hams Hall in its recent statement.

Furthermore, a significant shift is expected at the Oxford factory as it will exclusively manufacture electric models by the year 2030, aligning with BMW’s commitment to electrifying its Mini brand.

Mini Cooper will be Produced in two different countries

Notably, BMW’s electric models, the Cooper and Aceman EVs, will not only be produced in the UK but will also see production in China. These electric vehicles are scheduled to start their export journey in 2024.

This decision to expand production to China comes as a relief for the UK, where car manufacturing has faced significant challenges, with production volumes decreasing by half since the Brexit referendum in 2016.

British Business Minister Kemi Badenoch is planning to visit the Oxford plant to officially announce this deal. The government has highlighted that this move contributes to a substantial total investment in the automotive sector in recent years, surpassing 6 billion pounds.

BMW has acknowledged that the U.K. government extended support for this significant investment, although the specific details of this support have not been disclosed.

The original Mini, known for its compact size, agility, and affordability, first hit the market in 1959. It has maintained its popularity, especially since BMW took over the brand’s revival in 2001. However, in recent years, the future of Mini production in Britain has been surrounded by uncertainty and questions regarding its continuation.

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