The Guardian Australia – Business
·business
·2 hours ago
Jaguar Land Rover reverses plans for an EV-only factory
Jaguar Land Rover reversed plans for an electric vehicle-only factory, shifting focus to petrol and hybrid models to boost US sales. The carmaker aims to sell an additional 250,000 vehicles to affluent American consumers. This move reflects broader industry delays in EV transitions amid changing regulatory environments and market dynamics.
Summary by OZbrief · The Guardian Australia – Business
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