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Monday, 22 June 2026

Time Trade

Markets, trading & finance — British perspective

Regulation

Jaguar Land Rover reverses plans for an EV-only factory

· The Guardian

Jaguar Land Rover reverses plans for an EV-only factory

Jaguar Land Rover has U-turned on plans to shift one of its factories to making only electric cars as part of an effort to focus on growth in the US, as Britain’s largest carmaker further rowed back on the transition away from fossil fuels.

The manufacturer told investors on Wednesday it would offer petrol and hybrid versions of new models, including smaller SUVs that had been planned to shift to all-electric sales.

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