Tata Motors-owned Jaguar Land Rover (JLR) is planning to launch eight battery electric vehicles (BEVs) in India by 2030, according to a senior executive. Currently, the company only sells one electric model, the Jaguar I-Pace, in the country. JLR Chief Commercial Officer Lennard Hoornik stated that the company will start taking orders for the Range Rover BEV next year, with deliveries expected to begin in 2025. Hoornik emphasized that the Indian market is a top priority for JLR, and the country is moving in the right direction towards electric mobility. He highlighted the importance of government subsidies, the establishment of adequate charging infrastructure, and the availability of competitive EV products in encouraging the adoption of electric cars. JLR aims to become a net-zero carbon business globally by 2039 and plans to expand its Range Rover, Range Rover Sport, and Defender brands in India. Hoornik also stated that each of JLR’s four brands will have its own growth strategy, retail landscape, and audience in India. The company has experienced over 100% sales growth in India in the April-June period of this fiscal year and expects to maintain this positive momentum. Hoornik expressed optimism about the luxury car market in India, citing factors such as high GDP growth, a young population, and rapid development of road infrastructure. He also highlighted the positive impact of JLR’s association with the trusted Tata Group. Earlier this year, the Tata Group announced plans to invest £4 billion to establish a gigafactory in the UK to produce batteries for JLR and other manufacturers.
Fri. Sep 20th, 2024
