German automaker BMW will start producing its Minis at its Oxford factory

BMW will begin producing its electric Minis at the Oxford factory: German carmaker BMW is investing GBP 600 mn to establish a manufacturing line of electric Mini Coopers in its Oxford factory, the Guardian reports. The plant will start production of its electric Mini Cooper and the new electric Mini Aceman SUV after the UK government spent GBP 75 mn in subsidies to bail out the automaker from its financial troubles. The decision came after the government agreed to subsidize production, causing BMW to backtrack on a move production to China. Uncertainty remains over whether UK-made electric cars will be subject to EU tariffs as a result of rules that require batteries to be sourced from the UK or the EU, which the UK and carmakers have been lobbying to delay to avoid adding costs to European electric cars. The automaker has already begun producing electric Minis in China since 2019.