Robert Besser
16 Mar 2025, 07:56 GMT+10
NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory in southern India, sources familiar with the matter said.
The decision marks a shift in JLR's production strategy as the luxury automaker grapples with cost challenges and slowing global demand for EVs.
JLR initially explored the possibility of producing EVs at the Indian facility, but the company was unable to find the right balance between cost and quality for locally sourced components. The decision is also linked to a broader market slowdown, with EV sales growth tapering off in key regions.
Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationLOMPOC, California: NASA launched a new telescope into space this week to study the origins of the universe and search for hidden water...
AUSTIN/SANTA FE: Texas/New Mexico have reported 28 new measles cases in the past five days, bringing the total to 256 since the outbreak...
WASHINGTON, D.C.: U.S. Transportation Secretary Sean Duffy announced that helicopters will be permanently banned from flying near Washington...
NEW YORK CITY, New York: The U.S. must accelerate its efforts to develop fusion energy or risk losing its edge to China, Virginia Governor...
WASHINGTON, D.C.: In the past 20 years, China has become the world's top shipbuilder, producing more than half of all commercial ships....
ALBANY, New York: New York fired over 2,000 prison guards this week for not returning to work after a weeks-long strike that disrupted...
NEW DELHI, India: Jaguar Land Rover (JLR) has decided against manufacturing electric vehicles at Tata Motors' upcoming $1 billion factory...
BRUSSELS, Belgium: The United States has withdrawn from the board of a U.N. climate fund designed to help poor countries deal with...
NEW DELHI, India: The United States is pressing India to lower tariffs and increase defense purchases to secure a stronger bilateral...
Raichur (Karnataka) [India], March 16 (ANI): With the India Meteorological Department (IMD) issuing a warning about a temperature rise...
Agartala (Tripura) [India], March 16 (ANI): Tripura Chief Minister Manik Saha on Saturday said that the state government will explore...
Patna (Bihar) [India], March 16 (ANI): Rashtriya Janata Dal (RJD) leader and former Bihar Minister Tej Pratap Yadav, amid backlash...