Jaguar Land Rover plans annual investment of 3 billion pounds by FY26
Jaguar Land Rover (JLR), owned by Tata Motors, has revealed plans for an annual investment of £3bn ($4.2bn) while aiming for revenue of over £30bn by FY26, according to an investor presentation. JLR, known for its SUVs and luxury cars, anticipates revenue of over £28bn in FY24. It revealed its electrification programme with the Range Rover as the “vanguard” of its EV transformation, while the Jaguar brand will transform into a “radical, modern luxury EV brand in 2025”.
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