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JLR Invests £500 Million in UK Plant Retooling for Electric SUVs 🚗⚡️
Tata Motors-owned Jaguar Land Rover (JLR) has announced a £500 million investment 💰 to retool its UK manufacturing facility 🏭 for the production of electric SUVs. This strategic move aims to boost JLR's electric vehicle offerings 🔋 and align with the growing demand for sustainable transportation 🌍. The investment is part of the company's broader strategy to transition towards electrification ⚙️, reflecting its commitment to enhancing its production capabilities and competitiveness in the evolving automotive market 📈.
Tata Motors-owned JLR plugs £500 million into retooling UK plant for electric SUVs - The Economic Times
Jaguar Land Rover is set to invest £500 million in retooling its Halewood plant in England for electric SUV production. This follows a previous £250 million investment. The company aims to make the facility its first all-electric plant, despite higher costs and weak consumer demand for EVs.,Jaguar Land Rover is set to invest £500 million in retooling its Halewood plant in England for electric SUV production. This follows a previous £250 million investment. The company aims to make the facility its first all-electric plant, despite higher costs and weak consumer demand for EVs.
