Jaguar Land Rover Cars to be built at New Factory of Tata Motors

Tata Motors, one of the largest automobile companies, plans to set up a factory in Tamil Nadu. This factory will manufacture luxury cars under the Jaguar Land Rover (JLR) brand. JLR’s sales in India have grown by 81 percent in the last financial year.

A Reuters report said that an investment of one billion dollars could be made in this factory. Earlier Tata Motors And JLR had signed an agreement for licensing JLR’s Electrified Modular Architecture (EMA) platform. This platform will be used in Tata Motors’ upcoming electric vehicles. JLR’s SUVs like Range Rover and Defender have seen rapid sales in the country. Its models like Discovery Sport and Range Rover Evoque are also receiving a good response.

Recently, Tata Motors had signed an agreement with Shell to expand the charging infrastructure of EVs. These charging stations will be installed at the fuel stations of British oil and gas company Shell in the country. EV sales have grown rapidly in the last few years. Tata Motors’ EV customers use Tata Power’s EV chargers as well as third-party EV charging networks. Tata Power has more than 8,000 EV charging stations.

Tata Motors’ sales increased by 14 percent in March. Company Tata Motors has sold 50,937 units in India and international markets. A large part of this came from EV and CNG vehicles. In the last financial year, Tata Motors has sold 5.74 lakh cars in the passenger vehicle segment. This is an increase of six percent compared to the previous year. Punch and Nexon have also contributed significantly to sales in March for Tata Motors. Recently, the electric and CNG version of Punch was launched. The company said that last month electric and CNG vehicles had a 29 percent share in its total sales. The company ranks first in the country’s EV segment with a share of about 80 percent. In February, the company reduced the prices of its EVs by up to Rs 1.20 lakh. The company has achieved the milestone of manufacturing 10 lakh cars at its factory in Sanand, Gujarat.