28 Jun '18, 6am

Jaguar Land Rover Will Boost Investment In Electric Drivetrains To $18 Billion Over Three Years

But all is not well in JLR Land. The taint associated with diesel engines has caused a drop in the sales of all diesel-powered vehicles, even those that have escaped the cheating scandal. At the end of our story on the future of Jaguar, we mentioned that market forces could disrupt the company’s carefully thought out plans. Indeed, on Monday, June 25, the company told investors at a meeting in London that it is raising its investment in electrification R&D by 25% to $18 billion over the next 3 years, according to Bloomberg . It will also create a software, information technology, and engineering center in Manchester, England, to work on connected car technology.

Full article: https://cleantechnica.com/2018/06/27/jaguar-land-rover-wi...

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