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Jaguar Land Rover Is Dependent on Diesel. It Wants to Change That [Bloomberg Business News]

TATA MOTORS (TTM)  More Company Research Source: Bloomberg Business News
US:NYSE Investor Relations: tatamotors.com/investor/volumes
PDF British automaker boosts investment to $18 billion over 3 yrs All U.K. plants will be retooled for electric car production An employee connects a charging cable to the Jaguar Land Rover Automotive Plc I-Pace electric vehicle (EV) at the EV Trend Korea exhibition in Seoul, South Korea, on April 12. Photographer: SeongJoon Cho/Bloomberg LISTEN TO ARTICLE 1:53 Jaguar Land Rover is raising investment by about a quarter over the next three years as part of a plan by the diesel-dependent automaker to be able to offer electric versions of all its models. Britain’s biggest carmaker, owned by India’s Tata Motors Ltd , will invest a total of 13.5 billion pounds ($18 billion) worldwide during the period, according to a presentation to investors Monday. That’s a 26 percent increase from 10.7 billion pounds over the three previous years through March 2018. The hig [Read more]

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