Robert Besser
16 Mar 2025, 07:56 GMT+10
NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory in southern India, sources familiar with the matter said.
The decision marks a shift in JLR's production strategy as the luxury automaker grapples with cost challenges and slowing global demand for EVs.
JLR initially explored the possibility of producing EVs at the Indian facility, but the company was unable to find the right balance between cost and quality for locally sourced components. The decision is also linked to a broader market slowdown, with EV sales growth tapering off in key regions.
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