JLR to focus on plug-in hybrids due to slow global EV sales

JLR to focus on plug-in hybrids due to slow global EV sales

ABU DHABI: Due to slow EV sales, Jaguar Land Rover has decided to change its electrification strategy. The automaker is now focusing on plug-in hybrids (PHEVs) along with battery electric vehicles (BEVs). Last year Jaguar Land Rover witnessed a 68 percent surge in the sales of plug-in hybrids (PHEV) in Europe, indicating the need to introduce more PHEVs amidst the slowing growth of EVs. 

KEY TAKEAWAYS

  • Why has JLR shifted its electrification strategy?

    Due to slow EV sales, JLR has decided to change its electrification strategy. The automaker is now focusing on plug-in hybrids (PHEVs) along with battery electric vehicles (BEVs).
  • What upcoming electric vehicles is JLR planning to release?

    JLR is all set to unveil the Range Rover, its first all-electric SUV, followed by an electric Range Rover Sport. It is also planning to come up with two smaller electric models that will most likely succeed the Velar and Evoque.
  • Adrian Mardell, the company's CEO, noted the unexpected demand for PHEVs and emphasized the need to expand their availability to meet the customer's needs. 

     

    Despite slowing down its planned EV introductions, JLR is all set to unveil the Range Rover Electric, its first all-electric SUV, followed by an electric Range Rover Sport. Both these models are based on the Modular Longitudinal Architecture platform. JLR is also planning to come up with two smaller electric models that will most likely succeed the Velar and Evoque.

    By 2025, Jaguar is all set to become an all-electric brand. It will introduce a four-door GT that will compete with the Porsche Taycan, followed by another EV that is still in the pipeline. In line with the 60 percent EV sales goal of JLR by 2030 all current internal combustion engine models will be discontinued.

    Also read: 2024 Aston Martin Vantage gets a heavy facelift

    Sippi Vig

    Sippi Vig

    Sippi is a versatile writer and specializes in crafting both blog articles and site content for the automotive industry. Her strong analytical skills help in curating articles backed with stong number analysis for our audience. She enjoys reviewing the latest cars/models and describing new technologies. She holds a master of business administration degree in finance and marketing. When she’s not working, she enjoys travel, adventure, reading, and gardening.

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