Jaguar Land Rover plans to build electric vehicle model in China
In a move which indicates that iconic British automaker Jaguar Land Rover -- owned by Indian automobile giant Tata Motors -- is planning to gain leadership in the fast-growing electric vehicle (EV) market in China, the automaker has revealed that it will offer a China-manufactured electric car in the near future.
According to Jaguar Land Rover, a China-built EV will be manufactured by the company in collaboration with its Chinese partner Chery Automobile Co. Both the companies have already set up a Chinese joint venture for local production of the gas-powered E-Pace compact sport utility vehicle (SUV).
Jaguar Land Rover now plans to further exploit is production capability in China, via the joint venture, by manufacturing an EV, like the I-Pace. The move will apparently enable the automaker to tap growing EV demand in China, especially against the backdrop of the China government’s relentless efforts to promote zero-emission vehicles in the country for combating pollution and reducing oil imports.
Jaguar Land Rover’s plans to build an EV in China were disclosed by the joint venture’s president Murray Dietsch earlier this week, during an interview in the city of Changshu in eastern Chinese.
In disclosing Jaguar Land Rover’s plans, Dietsch said: “With the combination of the enhancement in SUV market and the expectation of higher penetration of battery-electric vehicles, you will see more battery-electric SUVs in the market in the future.”
New plans related to production of Model 3 have surprised parts makers. The automotive company has planned to launch its Model 3 by 2018, which is two years prior to what earlier was decided.
German automaker Volkswagen has revealed in a recent announcement that it is investing $100 million in solid-state battery startup QuantumScape, a startup that recently spun out of Stanford.
According to a recent announcement by Volkswagen, the automaker’s Foshan Plant ‘mega-factory’ in China is being expanded in order to increase its capacity to produce electric vehicles (EVs).
Chinese electric vehicle (EV) manufacturer Kandi has recently marked its official foray into the US market, with the launch of two new EVs --- the EX3 all-electric SUV, and the K22 subcompact electric car.
Tesla Motors has sent invitations for unveiling of electric semi-truck on November 16. The event was earlier planned in October but the company had to push it to November 16 due to production bottlenecks.
Chinese government offers subsidies for electric vehicle buyers and also uses tough regulations to press people to buy electric vehicles.