Jaguar Land Rover Announces GBP 15 Billion Investment in EVs to Catch Up With Rivals: Details

Jaguar Land Rover, owned by India's Tata Motors, announced on Wednesday that it will invest GBP 15 billion (roughly Rs. 1,23,200 crore) in electric vehicle technology. The carmaker also promised it would deliver a new electric Jaguar by 2025 — the firm has not launched any zero-emission vehicles since its well-received electric I-Pace in 2018.