LONDON :Jaguar Land Rover will invest 15 billion pounds over the next five years in electric vehicles and promised on Wednesday to deliver a new electric Jaguar in 2025 as the British luxury carmaker plays catch-up with rivals.
JLR launched its well received electric I-Pace in 2018, but has since not launched any other zero-emission models. The new Jaguar will be built at the carmaker's Solihull plant in central England and will be the first of three new electric models.
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Jaguar Land Rover ups electric investments to catch up in EV race:Jaguar Land Rover (JLR) said on Wednesday it planned to increase its investments in electric vehicles (EVs) as it chases global rivals, with the British luxury carmaker promising its first new electric Jaguar in 2025.JLR, which is owned by India's Tata Motors, said it would invest 15 billion pounds ($19 bill
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Jaguar Land Rover plans to invest 15 billion pounds in electric pushBritish luxury carmaker Jaguar Land Rover (JLR) on Wednesday said it plans to invest 15 billion pounds ($18.65 billion) over the next five years to expand its electric-vehicle offerings.JLR, which is owned by India's Tata Motors, added that its Halewood plant in Merseyside, UK, will become an all-electric
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »