Jaguar Land Rover will make investments £15 billion ($18.7 billion) over the subsequent 5 years in electrical and autonomous car know-how, the automaker introduced Wednesday. The corporate recognized its Halewood plant within the UK for conversion to an all-EV manufacturing facility. And by 2030, JLR says it will likely be an “electrical first, fashionable luxurious carmaker.”
The primary medium-size all-electric Vary Rover can be out in 2025, and JLR will start to take orders for it later this yr. The car can be constructed utilizing JLR’s electrified modular structure (EMA), which can energy the corporate’s upcoming slate of EVs. JLR, which is owned by India’s Tata Motors, has beforehand dedicated to creating its Jaguar-branded autos all-electric by 2025.
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