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Recent revelations have shown that even established names like BMW are reevaluating their electric ambitions. The manufacturer recently announced it is halting a significant £600 million investment intended to upgrade its Oxford Mini factory to produce electric models. This decision stems from sluggish EV demand, as the company faces mounting uncertainties regarding the future of electric vehicles in the market. The Oxford factory, a historic production site that employs roughly 3,100 people, had previously planned to transition to an all-electric lineup by 2030. However, BMW’s shift in focus indicates a broader reconsideration of its EV strategy, particularly as the market reveals mixed consumer interest.