One of the biggest players in the UK automotive sector, Jaguar Land Rover (JLR), has announced that it will invest £15 billion over five years as it begins to shift its UK production over to electric vehicles (EVs).
The Halewood plant of JLR in Merseyside is set to transition to become an all-electric manufacturing facility. The Wolverhampton Engine Manufacturing Centre will be renamed the Electric Propulsion Manufacturing Centre and will shift from producing internal combustion engines to making the battery packs and electric drive units for the next generation of vehicles at JLR.
JLR’s Chief Executive Officer, Adrian Mardell, said in a press release that he was:
“…proud to announce we are accelerating our electrification path, making one of our UK plants and our next-generation medium-size luxury SUV architecture fully electric. This investment enables us to deliver to our modern luxury electric future, developing new skills, and reaffirming our commitment to be carbon net zero by 2039.”
While JLR is owned by the India-based multinational conglomerate Tata, it is the only mass producer of automobiles with its headquarters in the UK. It is also the UK’s second-biggest producer of vehicles after Nissan. The company’s first EV to be made in the UK will be a four-door Jaguar “grand tourer” that will cost around £100,000.
If you’re migrating part of your fleet to EVs, here at TrAchem, we can still meet all of your lubricant needs, such as by supplying the Castrol ON range of EV fluids alongside traditional engine oils like Castrol GTX. Contact our friendly team to learn more.