Bengaluru
Luxury car group Jaguar Land Rover (JLR) unveiled plans to go electric on Monday, saying it aims to be net zero on carbon emissions by 2039 as it joined a global race to roll out clean-energy vehicles.
The Tata Motors-owned group’s strategy – internally referred to as “Reimagine” – comes as car groups worldwide accelerate moves towards fleets powered by electric and other green technologies. Land Rover will add six pure electric variants in the next five years and future Jaguar models will be built exclusively on a pure electric architecture, JLR said, adding, that the first all-electric variant of Land Rover will debut in 2024. Shares of parent company Tata Motors jumped as much as 3% to 335 rupees after the announcement. Late on Friday, Tata Motors named Marc Llistosella as its new chief executive.— Reuters