Feb 15, 2021
Jaguar car brand to be all-electric by 2025
Shares in JLR's India-based owner, Tata Motors, rose as much as 3%. The company plans to spend about £2.5bn a year on new technology for its cars. Transport Secretary Grant Shapps said the announcement was "a huge step for British car manufacturing". Carmakers are under pressure to meet stringent carbon emission demands in Europe and China, as well as customer demand for high-performance electric cars with a luxury or performance feel. The UK plans to ban the sale of new petrol and diesel cars from 2030. Luxury car brand Bentley Motors, owned by Germany's Volkswagen, said in November its range will be fully electric by 2030, and last month General Motors said it aimed to have a zero-emission line-up by 2035..
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