The transformation of Jaguar into an all-electric luxury brand is on track with first new vehicles to be launched in 2025, according to Jaguar Land Rover Chairman N Chandrasekaran.
Addressing shareholders in the company’s Annual Report for 2022-23, he noted that the British automaker is set to transform into a modern luxury vehicle business.
Jaguar Land Rover (JLR) has been a wholly-owned subsidiary of Tata Motors since 2008.
Chandrasekaran noted that the brand faced a difficult business environment last fiscal with several headwinds like shortage of electronic components.
