Electric vehicles: the next growth driver
After recently launching Jaguar XE, Jaguar XF, and Land Rover Discovery, the company is building further on its expansion plans in the EV segment. It remains committed to its electrification strategy and has a growing portfolio of electrified Jaguar and Land Rover vehicles extending to 12 models across its portfolio. JLR also plans to continue with the rollout of its new range of 21 Model Year vehicles.
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Over the last few years, Tata Motors has channelised a significant part of its efforts towards the development of electric vehicles and the results are showing now. Suraj Ghosh, principal analyst at IHS Markit says that while Tata began its journey with the Tigor EV, it s the success of Nexon that made the difference. “The Nexon has hit a nice balance between affordability and parity with ICE-vehicles (internal combustion engine vehicles) as it demands only about 20% premium over its top-trim diesel automatic variant,”
A spacious interior is obviously a prerequisite for a car to compete in this class, but we also expect an upmarket feel, sensible costs, and top-notch comfort and refinement
Tata Motors owned JLR car sales take pandemic hit; sales strong in China
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(REUTERS)
Aditi Khanna
, PTI
The company said China sales were particularly encouraging as they were up 20.2% on the prior quarter and 19.1% year-on-year
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Tata Motors-owned Jaguar Land Rover (JLR) on Monday released its 2020 sales figures, which reflect a considerable hit as a result of the COVID-19 pandemic but the company highlighted signs of recovery as sales in China remained strong.
For the calendar year 2020, Jaguar Land Rover retail sales were 425,974 vehicles, down 23.6 per cent on 2019, reflecting the industry impact of COVID-19 particularly in the first half of the year when plants were shut down for more than two months.
Jaguar Land Rover recovery continues as latest sales figures released
The Coventry car maker has revealed sales figures for the last three months of 2020
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Jaguar Land Rover in Lode Lane
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