Tata Motors-owned British luxury carmaker Jaguar Land Rover (JLR) on Wednesday said it plans to invest 15 billion pounds ($18.65 billion) over the next five years to expand its electric-vehicle offerings.
JLR added that its Halewood plant in Merseyside, UK, will become an all-electric manufacturing facility.
The carmaker said it would also launch a new all-electric Range Rover SUV in 2025 and order books for that vehicle would open later this year.
