LONDON, Feb. 24 -- BMW has confirmed that it is delaying the reintroduction of electric vehicle production at its Oxford Mini plant due to multiple uncertainties facing the automotive industry.
The company announced that it would pause the £600 million (RM3.3 billion) upgrade of its Cowley plant, which was intended to prepare it for the production of electric vehicles.
According to the BBC, the German automaker also affirmed the plant's place as the "heart of Mini" production.
"However, given the multiple uncertainties facing the automotive industry, the BMW Group is currently reviewing the timing for reintroducing battery-electric Mini production in Oxford," it was quoted as saying.
BMW also revealed it had decided not to accept a...