Jaguar Land Rover is making a significant move towards electric vehicle production.
The company will soon start manufacturing electric cars in the UK, which is seen as positive news for the British automotive industry, facing challenges due to Brexit uncertainty.
As the largest carmaker in Britain, Jaguar Land Rover is embracing the electric car trend by introducing a series of electric vehicles to be manufactured at its Castle Bromwich plant. The production will kick off with the XJ luxury sedan. CEO Ralf Speth stated, “The future of mobility is electric, and as an innovative British company, we are dedicated to producing our next generation of zero-emission vehicles in the UK.” This move is widely praised as a much-needed boost for the British automotive sector, especially considering recent announcements of plant closures by Honda and Ford in the UK.
Jaguar Land Rover has already reached an agreement with workers at its Castle Bromwich facility regarding work schedules. In 2018, the company was responsible for 30% of all cars manufactured in the UK. Recognizing the potential risks of a no-deal Brexit on its industry, the company stressed the importance of seamless trade with the EU. A no-deal Brexit could lead to regular customs inspections at the UK-EU borders, causing significant delays in order fulfillment. The British economy has been accustomed to swift and efficient customs checks within the EU, but the introduction of additional bureaucracy and inspections could result in considerable delays at UK borders in the event of a no-deal Brexit.