BMW will decide whether to build its new electric Mini car in Britain or elsewhere by the end of September, its board member for sales told Reuters, in a test of the country’s ability to continue to attract investment as it leaves the EU. Mini makes around 70 percent of its approximately 360,000 compact cars at its Oxford plant in southern England but the car industry is concerned about the effect any loss of unfettered access to the EU, its largest export market, could have on plants after Brexit.
Jaguar Land Rover Automotive plc, the UK’s largest car manufacturer, has sealed an agreement with EDF Energy to buy all its electricity from renewable sources up to March 2020. Jaguar Land Rover’s electricity supply is backed by Renewable Energy Guarantees of Origin (REGO), meaning a proportion of EDF Energy’s renewable energy is ring-fenced specifically for the company. The REGO scheme certifies the proportion of supply that comes from renewable generation – 100 per cent in Jaguar Land Rover’s case.