BMW Group has unveiled plans to allocate over £600 million (equivalent to USD$750 million) toward the transformation of its UK-based MINI Plant Oxford. The objective is to convert the facility for exclusive all-electric vehicle production starting in 2030.
Established in 1913, Plant Oxford stands as the largest and most historic of the three MINI manufacturing plants in the UK. It is now gearing up to manufacture two new all-electric MINI models commencing in 2026, with the goal of achieving complete electric production by 2030. This substantial investment aligns with BMW’s 2021 commitment to intensify its efforts against climate change, including substantial reductions in vehicle emissions, a 40% decrease in CO2 emissions per vehicle by 2030, and a target to make at least half of its global sales come from battery electric vehicles by 2030. Furthermore, BMW has suggested that it may reach its 50% global EV sales goal sooner than initially anticipated.
BMW has indicated that the government has endorsed its announced investment, noting that it will help preserve jobs at the Oxford manufacturing plant and the body-pressing facility in Swindon. Prime Minister Sunak has welcomed this investment, describing it as “a significant vote of confidence in our automotive sector that will bolster high-quality employment and stimulate economic growth.” This statement was made in a social media post following the announcement.
