-1.20 (-0.36%) Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) is planning to become a net zero carbon business by 2039 for which its Jaguar brand will become an all-electric luxury vehicle marque from 2025.
All Jaguar and Land Rover nameplates will be available in pure electric form by end of the decade, and the first all-electric Land Rover SUV model will be launched in 2024 and the brand will have six pure electric variants in the next five years. With the company pushing for electrification of its vehicles, the company will also undergo reorganisation of its manufacturing units as a result of which its plant at Castle Bromwich would be repurposed in future although it will continue to produce the existing vehicles till the end of respective lifecycles.
Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.