Climate Adaptation

Jaguar’s Electric Shift May Leave U.K. Plant With No Car to Make

  • Luxury-vehicle brand to ditch combustion engines from 2025
  • CEO Bollore steps up efforts to comply with stricter CO2 rules
WATCH: “We have the technology, we know how to do it,” Jaguar Land Rover CEO Thierry Bollore says.Source: Bloomberg
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Jaguar Land Rover laid out plans to electrify its lineup under a new chief executive officer, with the smaller of its luxury-car brands ditching combustion engines completely just four years from now.

JLR, owned by India’s Tata Motors Ltd., will invest about 2.5 billion pounds ($3.5 billion) a year into electrification and related technologies, the company saidBloomberg Terminal Monday. The Land Rover line will get its first fully electric model in 2024, and by the following year, all Jaguars will be entirely powered by batteries.