Tag: development

New £80m investment to drive forward next generation of net zero planes and cars

The government unveiled an £80m investment to help develop the next generation of electric vehicles – and which could also help develop new hybrid aircraft. The investment – through the modern Industrial Strategy – will help ensure the UK is able to supply products both in the UK and abroad, to help cut carbon emissions…
Read more


29th July 2019 0

Jaguar Land Rover get £500M Government Loan Guarantee for ELECTRIC car production

Jaguar Land Rover has secured a £500 million UK Government loan guarantee to support the design and manufacture of electric cars at Castle Bromwich. It’s no secret that Jaguar Land Rover has been struggling somewhat of late, with big drops in sales in China, buyers eschewing diesel-engined cars – the vast majority of JLR’s sales…
Read more


16th July 2019 0

Volkswagen invests €900m in Swedish battery maker

Volkswagen AG has announced a €900 million ($1.467 billion) investment into an electric vehicle battery joint venture with Swedish firm Northvolt AB. According to VW, part of the above sum “is intended for a joint venture” with the battery producer, while a further portion of the investment will go directly to Northvolt in return for…
Read more


17th June 2019 0

BMW and Jaguar Land Rover team up on next-generation electric drive tech

BMW Group and Jaguar Land Rover have agreed to partner on the development of future electric vehicles, the latest in a string of collaborations between automakers to bring advanced, and often expensive technology, to the mass market. The two automakers confirmed the collaboration Wednesday, which they said is central to the industry’s transition from traditional…
Read more


7th June 2019 0