Tata Motors subsidiary Jaguar Land Rover (JLR) to invest $15 billion in EVs by FY2025

Luxury car enthusiasts, get ready to be electrified! British carmaker Jaguar Land Rover (JLR) has just announced its plan to invest a whopping $19 billion in electric vehicles over the next five years.

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JLR CEO Adrian Mardell revealed that the Halewood plant in Merseyside, UK, will be transformed into an all-electric manufacturing facility.

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Words by the CEO of JLR

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New looks of Jaugar and prices?

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Plans of JLR

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Tata Motors subsidiary Jaguar Land Rover (JLR) to invest $15 billion in EVs by FY2025

Luxury car enthusiasts, get ready to be electrified! British carmaker Jaguar Land Rover (JLR) has just announced its plan to invest a whopping $19 billion in electric vehicles over the next five years.

JLR CEO Adrian Mardell revealed that the Halewood plant in Merseyside, UK, will be transformed into an all-electric manufacturing facility.

Words by the CEO of JLR

Today I am proud to announce we are accelerating our electrification path, making one of our UK plants and our next-generation medium-size luxury SUV architecture fully electric.

New looks of Jaugar and prices?

The first electric model from JLR i.e, Jaugar will have a 4-door GT which will be built in the UK. The vehicle will boost a range of 700kms and will be priced at around €100,000.

Plans of JLR

JLR’s announcement regarding the $15 billion investment in electric vehicles reflects the company’s dedication to meeting its financial targets of achieving a net positive cash position by FY25 and double-digit EBIT (earning before interest and taxes) by 2026.