Robert Besser
16 Mar 2025, 07:56 GMT+10
NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory in southern India, sources familiar with the matter said.
The decision marks a shift in JLR's production strategy as the luxury automaker grapples with cost challenges and slowing global demand for EVs.
JLR initially explored the possibility of producing EVs at the Indian facility, but the company was unable to find the right balance between cost and quality for locally sourced components. The decision is also linked to a broader market slowdown, with EV sales growth tapering off in key regions.
Get a daily dose of India Gazette news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to India Gazette.
More InformationNEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory...
LONDON, U.K.: Virgin Group is seeking to raise $900 million to fund its plan to launch cross-channel rail services, positioning itself...
SEATTLE, Washington: Boeing saw a significant increase in aircraft deliveries in February, reporting 44 planes delivered compared to...
DALLAS, Texas: Southwest Airlines will start charging passengers for checked bags, ending a long-standing policy that set it apart...
NEW YORK, New York - U.S. stocks rallied hard on Friday, boosted by strong rises around the world. Investors shrugged off a decline...
MILAN, Italy: Maserati has scrapped plans for an electric version of its MC20 sports car, citing low expected demand for the high-performance...
NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory...
NEW DELHI, India: The United States is pressing India to lower tariffs and increase defense purchases to secure a stronger bilateral...
Patna (Bihar) [India], March 16 (ANI): Rashtriya Janata Dal (RJD) leader and former Bihar Minister Tej Pratap Yadav, amid backlash...
Mumbai (Maharashtra) [India], March 16 (ANI): England's Nat Sciver-Brunt capped off a phenomenal Women's Premier League (WPL) season...
Patna (Bihar) [India], March 16 (ANI): Rashtriya Janata Dal (RJD) leader Tej Pratap Yadav has come under fire for allegedly telling...
New Delhi [India], March 16 (ANI): At the Hockey India 7th Annual Awards 2024, the spotlight was on the Indian men's hockey team as...