JLR to invest over Rs 1 Lakh Crore in EVs in 5 Years

Jaguar Land Rover
Image Courtesy: Jaguar Land Rover

Jaguar Land Rover (JLR), owned by Tata Motors, plans to invest over ₹1 lakh crore in electric vehicles (EVs) over the next five years. Within a year, JLR will introduce EVs on three different vehicle platforms. At an Investor Day presentation, JLR’s management revealed that they will invest over ₹1.9 lakh crore in the luxury car brand over the next half-decade. Of this, 60% will be allocated to battery electric vehicles (BEVs).

Thomas Muller, JLR’s Executive Director of Product Engineering, stated, “We are in the delivery phase of our electrified future, with testing underway across all three platforms. Our investment in our skilled team and testing infrastructure will meet our customer commitment.”

JLR’s new vehicle platforms include: MLA, or Modular Longitudinal Architecture, is a flexible platform that supports internal combustion engine vehicles, plug-in hybrids, and battery electric vehicles (BEVs). EMA, which stands for Electrified Modular Architecture, is dedicated to pure battery electric vehicles and will be shared with Tata Motors. JEA, or Jaguar’s Electrified Architecture, is designed exclusively for Jaguar’s electric vehicles

Muller emphasized that these platforms will enhance customer experiences and support JLR’s transition to an electrified future. JLR aims to make Jaguar an all-electric brand by 2025, with 60% of its sales expected to be EVs by the end of the decade, amounting to ₹1.08 lakh crore.

JLR will launch the Range Rover Electric and its first Jaguar EV in 2025. The Range Rover Electric already has over 38,000 orders.