Jaguar to make a multi-million-pound investment to build electric vehicles

The biggest automaker of Britain, Jaguar Land Rover is to make a multi-million-pound investment to manufacture electric vehicles in its home market. The aim is to boost the auto industry of the country.

From 2020, the firm wants to electrify all its new models and end its dependence on diesel vehicles.

Jaguar Land Rover (JLR) that manufactured 30% of Britain’s 1.5 million last year will develop a range of electrified vehicles at its Castle Bromwich plant in central England.

Must read: Jaguar Land Rover threatens the UK for Hard Brexit after Airbus and BMW

Chief Executive Ralf Speth said, “The future of mobility is electric and, as a visionary British company, we are committed to making our next generation of zero-emission vehicles in the UK.”

Jaguar Land Rover has given a warning about the issues of a no-deal Brexit. As per JLR, there is a need to maintain frictionless trade with the European Union.

A deal has been signed with workers at the Castle Bromwich factory to go to 4-day working week from 5-day in order to ensure that the plant operates effectively.

The announcement made by the company comes following an unsettling few months for the firm that announced 4,500 job cuts earlier in January and revealed 3.66 billion pound loss in 2018-19.

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