"The Mini Electric will kick off our new model offensive for
fully electric vehicles," said Oliver Zipse, the firm's
production chief who, according to sources, is the frontrunner
to become BMW's new chief executive.
"By 2023, two years ahead of schedule, we will have 25
electrified models on the market. More than half of them will be
fully electric," he said.
Output of the new Mini could come at about the same time as a
no-deal Brexit on Oct. 31 if Britain leaves the European Union
without an agreement, leading to potential tariffs, additional
bureaucracy and disruption to production.
BMW built just over 230,000 cars at its southern English Oxford
plant last year, accounting for 15 percent of Britain's total
automotive output.
The firm has previously warned that it could move some
production of engines and vehicles out of Britain if there is a
disorderly Brexit, an option neither Boris Johnson nor Jeremy
Hunt, the two candidate vying to replace Prime Minister Theresa
May, have ruled out.
(Reporting by Costas Pitas; editing by Michael Holden)
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