Elon's Vision
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

Jaguar cuts petrol cars as it changes gear to an electric era

by
July 16, 2024
in Investing
0
Jaguar cuts petrol cars as it changes gear to an electric era
0
SHARES
14
VIEWS
Share on FacebookShare on Twitter

Jaguar is set to cease production of nearly all its petrol cars by the end of this year, marking a significant shift towards an all-electric future.

The British luxury car manufacturer will continue to produce just one combustion engine vehicle, the F-Pace SUV, before transitioning to an entirely electric line-up starting next year.

Production of the XE, XF, and F-Type models at Castle Bromwich ended in May, and Jaguar plans to stop manufacturing the hybrid E-Pace in Austria, along with the electric I-Pace, by December.

Adrian Mardell, CEO of Jaguar Land Rover (JLR), confirmed the phase-out during a recent investor day, stating that these models were “close to zero-profitability products.” The transition aligns with Jaguar’s strategy to introduce a range of new all-electric vehicles, beginning with a battery-powered grand tourer set to launch next year.

Jaguar’s chief creative officer, Gerry McGovern, has been building anticipation for the upcoming electric models, describing the first new electric car as something unprecedented. “Imagine something that you’ve never seen before that looks like it’s dropped from the sky – and times [that] by five. That’s how different these Jaguars are going to be,” McGovern said, promising a design that echoes Jaguar’s E-Type glory days while remaining unique.

Richard Molyneux, JLR’s finance chief, highlighted the strategic move to eliminate lower-value, unprofitable models and replace them with new vehicles built on innovative architectures.

The pivot to electric vehicles represents Jaguar’s commitment to a sustainable future and a significant transformation in the automotive industry.

Read more:
Jaguar cuts petrol cars as it changes gear to an electric era

Previous Post

State schools see surge in applications as parents anticipate private school tax hike

Next Post

Routemaster 70 to Be Inaugurated by Lord Hendy of Richmond Hill on Upcoming Weekend

Next Post

Routemaster 70 to Be Inaugurated by Lord Hendy of Richmond Hill on Upcoming Weekend

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

Microsoft Planner vs Trello: Which Project Management Tool is Better?

May 24, 2023
Nicole Kidman Joins Paycom Webinar and Podcast to Talk Leadership, Tech and Work-Life Balance 

Nicole Kidman Joins Paycom Webinar and Podcast to Talk Leadership, Tech and Work-Life Balance 

January 31, 2025

An update on the National Nature Assessment

April 23, 2025
SpaceX planning $1.5 trillion IPO in 2026 as Elon Musk readies record listing

SpaceX planning $1.5 trillion IPO in 2026 as Elon Musk readies record listing

0

0

0

0
SpaceX planning $1.5 trillion IPO in 2026 as Elon Musk readies record listing

SpaceX planning $1.5 trillion IPO in 2026 as Elon Musk readies record listing

December 10, 2025

“Revolutionary Chocolate Crafting: Plamil Foods’ New Easter Egg Range”

December 10, 2025
Trump to require all foreign tourists to hand over five years of social media data under sweeping new vetting plan

Trump to require all foreign tourists to hand over five years of social media data under sweeping new vetting plan

December 10, 2025

“National Survey Reveals Butterflies and Birds as Most Beloved Childhood Wildlife”

December 10, 2025

Recent News

SpaceX planning $1.5 trillion IPO in 2026 as Elon Musk readies record listing

SpaceX planning $1.5 trillion IPO in 2026 as Elon Musk readies record listing

December 10, 2025

“Revolutionary Chocolate Crafting: Plamil Foods’ New Easter Egg Range”

December 10, 2025
Trump to require all foreign tourists to hand over five years of social media data under sweeping new vetting plan

Trump to require all foreign tourists to hand over five years of social media data under sweeping new vetting plan

December 10, 2025

“National Survey Reveals Butterflies and Birds as Most Beloved Childhood Wildlife”

December 10, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.