JLR plans to become world’s leading luxury car manufacturer

JLR announced exciting plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next generation medium-size SUV architecture, electrified modular architecture (EMA), will now be pure-electric.

In an update to global media at JLR’s centre in Gaydon, Chief Executive Adrian Mardell reaffirmed the business’s commitment to its Reimagine strategy, which will reposition the company as an electric-first, modern luxury carmaker by 2030, as JLR makes strides towards its financial goals of achieving a net cash positive position by FY25 and double-digit EBIT by 2026.

 JLR is investing £15 billion over five years in its industrial footprint, vehicle programmes, autonomous, AI and digital technologies and people skills. The Halewood plant in Merseyside, UK, will become an all-electric manufacturing facility and the Engine Manufacturing Centre in Wolverhampton, UK, will be renamed the Electric Propulsion Manufacturing Centre. Pre-order books will open for the first all-electric Range Rover later this year and the first of three reimagined modern luxury electric Jaguars will be a 4-door GT built in Solihull, UK. JLR CEO Adrian Mardell said: “This investment enables us to deliver our modern luxury electric future, developing new skills, and reaffirming our commitment to be net zero carbon by 2039.”

By Business Bureau

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