Jaguar Land Rover to build electric vehicle in China to keep up with the competition
Beijing — Jaguar Land Rover (JLR) is planning to build an electric vehicle (EV) in China as the iconic British manufacturer steps up its game in a fast-growing market into which other luxury marques, from Audi to Mercedes-Benz, are ploughing money to gain leadership. The vehicle maker, which already makes the petrol-powered E-Pace compact SUV locally with its Chinese partner Chery Automobile, will try to fully use its current capability in China to produce an EV, Murray Dietsch, president of the joint venture, said in an interview on Wednesday in the eastern Chinese city of Changshu. The details will be disclosed within a year, he said. "Our expectation is the penetration of EVs will continue to grow more than linearly," Dietsch said. "With the combination of the enhancement in the SUV market and the expectation of higher penetration of battery-powered EVs, you will see more battery-powered electric SUVs in the market in the future." JLR, owned by Tata Motors, is looking to tap grow...
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