Jaguar Land Rover expects 60 per cent of its brand Land Rover's sales across the globe to come from pure-electric trims by 2030. The Tata Motors-owned luxury carmaker plans to add at least six pure-electric variants to be part of the Land Rover portfolio starting 2024. The British automaker has already confirmed a pure-electric new Range Rover to join the product range in 2024. "Over the next four years, Land Rover will welcome six all-electric variants across two architectures our flexible Modular Longitudinal Architecture (MLA) and Electric Modular Architecture (EMA)," the company stated in its Annual Report for 2021-22. The move towards pure electrics would help the company to meet unprecedented policy shifts and an exponential rise in customer demand towards electric vehicles across its key markets, it said. "As adoption increases, we expect 60 per cent of global Land Rover sales to be pure-electric by 2030," the company informed its shareholders. The company noted that work
JLR, however, said it continues to see strong demand for its products, with global retail orders again setting new records in the quarter
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On a standalone basis, the automaker reported a net profit of Rs 413.35 crore in the period under review against a net profit of Rs 1,645.68 crore in the fourth quarter of 2020-21
Jaguar Land Rover said it has initiated "Open Innovation strategy", to accelerate next-generation technology and sustainability
Jaguar Land Rover (JLR) on Thursday said it has committed to cut 46 per cent greenhouse gas emissions across its operations by 2030.
Starting in 2025, all new Jaguar and Land Rover vehicles will be built on the Nvidia Drive software-defined platform
Jaguar Land Rover said it has inked a multi-year strategic partnership with NVIDIA, to jointly develop and deliver next-generation automated driving systems plus AI-enabled services
Jaguar Land Rover (JLR) on Thursday said it has commenced bookings for new Range Rover SV in India with a choice of design themes, details and materials.
While India volumes remain strong, JLR sales have been muted in the December quarter
Jaguar Land Rover on Wednesday said it has commenced bookings for the all-new Range Rover in the country
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Jaguar Land Rover (JLR) on Wednesday said it has launched updated version of Land Rover Discovery in the country with price starting at Rs 88.06 lakh (ex-showroom). The model comes with the latest generation of petrol and diesel engines, advanced infotainment system and superior comfort and practicality with seven seat configuration. "The new Discovery, while retaining Land Rover's legendary breadth of capability, offers renewed levels of refinement, luxury and efficiency which make it the best full-size SUV for the outdoors and adventure-filled journeys with the family," JLR India President and Managing Director Rohit Suri said in a statement. The Land Rover range in India includes the Range Rover Evoque (starting at Rs 59.04 lakh), Discovery Sport (starting at Rs 65.30 lakh), Defender 110 (Rs 83.38 lakh), Range Rover Sport ( Rs 91.27 lakh) and Range Rover (starting at Rs 2.10 crore). JLR sells its cars from 24 dealerships across the country.
Assurance comes a day after the company's stocks slumped by more than 10% following profit warnings over scarcity of semiconductors
Company sees semiconductor shortage deepening in the September quarter of the current financial year.