LONDON :Jaguar Land Rover will invest 15 billion pounds over the next five years in electric vehicles and promised on Wednesday to deliver a new electric Jaguar in 2025 as the British luxury carmaker plays catch-up with rivals.
JLR launched its well received electric I-Pace in 2018, but has since not launched any other zero-emission models. The new Jaguar will be built at the carmaker's Solihull plant in central England and will be the first of three new electric models.