JLR Shelves Plan to Build EVs at Tata's India Plant

Jaguar Land Rover has shelved plans to build electric vehicles at parent company Tata Motor's upcoming $1 billion factory in southern India, four people with knowledge of the matter said.

- Reuters

NEW DELHI:

The British luxury car unit was unable to find the right price-quality balance for locally sourced EV parts, three of them said, adding that the decision also reflects slowing demand for electric cars.

"For India, all the work (on JLR electric vehicles) has stopped. Everything has been suspended since about two months," said a supplier source.

Global car brands are revamping their electrification plans amid stiff competition from Chinese players, a shift in demand in favour of hybrids and as governments ease timelines to meet emission rules and EV sales targets.

JLR's decision is also expected to delay plans for Tata Passenger Electric Mobility, Tata's local electric car unit, to launch the first of its premium Avinya models, the sources said.

The cars are to be built on the same platform as JLR's electric vehicles and some components were to have been jointly sourced.