Range Rover will release an all-electric midsize SUV by 2025. Jaguar Land Rover announced it would invest £15 billion over five years in EVs and autonomous tech.
Jaguar Land Rover will invest £15 billion over the next five years in electric and autonomous vehicle technology, the automaker announced Wednesday. The company identified its Halewood plant in the UK for conversion to an all-EV manufacturing facility. And by 2030, JLR says it will be an “electric first, modern luxury carmaker.”
The first medium-size all-electric Range Rover will be out in 2025, and JLR will begin to take orders for it later this year. The vehicle will be built using JLR’s electrified modular architecture , which will power the company’s upcoming slate of EVs. JLR, which is owned by India’s Tata Motors, has previously committed to making its Jaguar-branded vehicles all-electricJLR’s plans are ambitious, but the automaker has previously been slow to embrace electrification.
For its part, Jaguar will start producing its new lineup of EVs in 2024, starting with a four-door grand tourer to be assembled at the automaker’s Solihull factory. Jaguar is targeting a range of 430 miles and a starting price of £100,000. It will be the first of three new EVs to come out in the coming years.
There isn’t much detail on the company’s investment in autonomous vehicles aside from a commitment to spend some of its money on “autonomous, AI and digital technologies.” JLR in which the Alphabet-owned company works with the automaker to outfit its I-Pace electric SUVs with autonomous driving hardware and software. Waymo is operating a fleet of its autonomous Jaguar I-Pace vehicles in California and Arizona.
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