Jaguar To Go Fully-Electric By 2025
Jaguar To Go Fully-Electric By 2025
BY TYLER DURDEN THURSDAY, FEB 18, 2021 - 5:00 Submitted
by Market Crumbs,
As automakers transition to a future of electric vehicles, a handful of them are targeting specific dates to offer only electric vehicles.
Bentley
Motors announced in November that its model range will be
exclusively plug-in hybrid or battery electric vehicles by 2026 and full
electric vehicles by 2030. General Motors
announced just a few weeks ago that it will also phase out the
internal combustion engine as it will offer only electric vehicles by 2035.
Jaguar Land Rover is
the latest automaker to commit to a date to offer only electric
vehicles as the company announced earlier this week the Jaguar vehicle lineup
will be all-electric by 2025. The company also announced Land Rover will see
offer its first all-electric variant in 2024 with a total of six pure electric
variants to be offered in the next five years.
By 2030, Jaguar Land Rover estimates 100% of Jaguar sales and
around 60% of Land Rover sales will be electric vehicles. Jaguar Land Rover's
goal is to achieve net zero carbon emissions across its entire supply chain,
products and operations by 2039.
Jaguar Land Rover has committed £2.5 billion, or about $3.5
billion, per year to invest in electrification technologies and the development
of connected services. The automaker is also developing hydrogen vehicles with
prototypes expected in the next 12 months in anticipation of the expected
adoption of clean-hydrogen fuel-cell power.
"As a human-centred company, we can, and will, move much
faster and with clear purpose of not just reimagining modern luxury but
defining it for two distinct brands," Jaguar Land Rover CEO Thierry
Bolloré said. "Brands that present emotionally unique designs, pieces of
art if you like, but all with connected technologies and responsible materials
that collectively set new standards in ownership. We are reimagining a new
modern luxury by design."
With Norway, France, the UK and even the state of California set
to ban the sale of new internal combustion engine vehicles in the coming years,
automakers are rushing to go fully electric.
https://www.zerohedge.com/technology/jaguar-go-fully-electric-2025
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