Jaguar Land Rover will launch 10 models in India in 12 months, including electrified vehicles, with an aim of double-digit growth after a year of low sales due to the impact of the Covid-19 pandemic.
On Tuesday, it launched its first electric car in India, the Rs 1.06 crore I-Pace.
The company is gauging the Indian EV market ahead of Jaguar becoming a pure EV brand by 2025.
The I-Pace will help the company understand the Indian EV market, including the likes and dislikes of the customers, and prepare itself for introducing more electrified vehicles, a spokesperson said.
Tata Motors' luxury unit became the third-largest player in the Indian luxury car market last year.
The luxury car market in India has been on a decline after achieving peak sales of over 40,000 units in 2018.
In its new global strategy ‘Reimagine,’ the Jaguar brand to have only electric vehicles from 2025 and to exit the diesel market altogether by 2026, aiming to be a net-zero carbon business by 2039.
Meanwhile, the Land Rover will continue to focus on the luxury SUV space, Jaguar will have a new brand positioning, the company had said without elaborating.


Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition
U.S. Moves to Expand Chevron License and Control Venezuelan Oil Sales
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 



