LONDON -- BMW will invest 600 million pounds ($750 million) at its U.K. plant in Oxford to take its Mini brand all-electric by 2030, a fresh boost for Britain's car industry after years of Brexit-related uncertainty.
Starting in 2026, the automaker will make two electric models at the English plant: the three-door version of the Mini Cooper and the Aceman compact crossover.
BMW will also invest in its U.K. plant in Swindon that makes parts for Mini models.
The company did not say what will happen to its engine plant in Hams Hall in a statement released on Monday.
The Oxford factory will make only electric models as of 2030.