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Investing.com -- Jaguar Land Rover (JLR), the British luxury car unit of Tata Motors (NYSE:TTM), has decided to halt its plans to manufacture electric vehicles at Tata’s upcoming $1 billion factory in southern India, Reuters reported on Wednesday.
This decision came about as JLR was unable to strike a balance between the cost and quality of locally sourced parts for electric vehicles, the report said, citing sources.
They also mentioned that the decision reflects a decrease in demand for electric vehicles.
All work related to JLR electric vehicles in India has been stopped for approximately two months, the report added.
This halt in operations is expected to cause delays in the launch plans of Tata Passenger Electric Mobility, Tata’s local electric car unit, the report said, adding that first of its premium Avinya models is likely to be impacted by this delay.
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