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BMW has stopped a £ 600mn investment plan in the Oxford’s hands in the Oxford, which placed the future of extreme plants with a slower than expected vehicles.
Investment checks come as an additional UK car intestation that follows Honda, Ford and JLR shutdown in the last decade. In November, Stealtantis blamed the target car sales targets while announcing plans to Shut the factory in its van in Lutonwhich puts 1,100 job at risk.
“Given a lot of uncertainty facing the automotive industry, BMW has now reviewed the time for the Oxford electric battery production,” the German Carmaker said in a statement.
Car companies set the UK government pressure to pour its water ark Targets, which require a specified percentage of the annual carmaker sale to be zero-emission cars.
The level is set to rise from 28 percent this year to 80 percent of 2030, with companies facing a fine of £ 15,000 for each missed vehicle.
The selling of EVs grows in the UK but remained below the official targets, prompting cargoes such as Nissan to take advantage of UK jobs.
According to its original plan announced 2023BMW intended to make two new electric models – the three-door mini-aceman – on the factory site by living petroleum targeted phase in 2030.
Both models are based on a system developed in BMW and the famous motorcycle in China. The fact that they are now produced in China and sold to the EU means that models have also been hit by the higher tariffs imposed by Chinese imported brussels.
In the last year, registrations of new mini cars in the UK fell 1.3 percent from one year earlier in 46,975 vehicles, according to the Society of Motor Manufacturers and merchants. Schmidt Somutomotive research data shows that 2024 registration of electric mini cars adds 4.9 percent of 36,932 vehicles in Western Europe, including the UK.
The news of BMW plans was first reported by Auto Express.
Government last week ends the fast-seating vehicle tracking industry on how to improve the flexibility of the plot to try to give the inhabitants of breathing.
“We know the challenges of global car manufacturers face and listen to their concerns… While also protects jobs,” said the department for transportation.
After completing the consultation, the Ford UK Boss Boss Boss Bankin is calling for the incentives to buy and other government support, the “adoption of” adopying of vehicles “has not yet occurred easily”. The US group last year announces 800 UK work cuts due to slower than expected EV salo.
