Electric cars

February 23, 2025

BMW pauses £600mn investment plan to produce electric Minis in Oxford

BMW has halted its £600 million investment plan to produce electric Minis in Oxford, citing uncertainty in economic conditions and supply chains. This decision raises concerns about the future of electric vehicle production at the historic site.

February 22, 2024

Electric car industry faces challenges: Rivian cuts jobs, Lucid struggles, and Musk predicts bankruptcies

In a major setback for the EV industry, Rivian has laid off 10% of its workforce, further indicating the unpredictable nature of the sector. Meanwhile, Lucid’s production woes continue, with Musk predicting further bankruptcies among EV start-ups. Industry experts weigh in on the challenges and resilience of the EV market.