Jaguar Land Rover plans to invest 15 bln pounds in electric push
Technology
Jaguar Land Rover plans to invest 15 bln pounds in electric push
(Reuters) - British 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 (TAMO.NS), added that its Halewood plant in Merseyside, UK, will become an all-electric manufacturing facility.
