Chery china Electric Vehicles Jaguar Land Rover News Reports

Jaguar Land Rover’s Chinese Arm Investing $1 Billion In EVs

Chery Jaguar Land Rover, the British automaker’s Chinese arm, will invest the equivalent of $1 billion into the development of electric vehicles after reaching an agreement with the Changshu Economic and Technological Development Zone in China. The massive investment will lead to the creation of a new factory dedicated to producing electric powertrains as well …