Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Jaguar joins rivals by delaying full electric transition with continued production of F-Pace

by April 15, 2024
April 15, 2024
Jaguar joins rivals by delaying full electric transition with continued production of F-Pace

Despite previous commitments to transition to an all-electric marque by 2025, Jaguar has announced plans to prolong the production of internal combustion vehicles well into next year.

The decision comes amidst slow demand for zero-emission vehicles and the recognition that maintaining profitable conventional lines is essential for funding the electrification transition.

While Jaguar had initially positioned itself as the “Tesla of the West Midlands” with its ambitious electric-only pledge, the reality is different. Although five petrol and diesel models will be retired this year, the production of the popular £50,000 Jaguar F-Pace will continue into 2025.

This strategic shift mirrors recent moves by other British luxury carmakers. Bentley, previously committed to full electrification by 2030, will continue producing plug-in hybrids for a couple of years longer. Aston Martin has also postponed the launch of its electric cars by two years, with its executive chairman Lawrence Stroll acknowledging the ongoing relevance of hybrids until at least the mid-2030s.

The decision to extend the production of the F-Pace highlights its significance within Jaguar’s lineup, representing over a third of the brand’s annual sales. Despite the industry’s increasing focus on electric vehicles, sales of the F-Pace have seen a notable 22 per cent increase this year.

As part of Jaguar Land Rover, the company remains committed to launching three all-electric cars starting next year, although specific details are scarce. It’s anticipated that the initial vehicle will be a luxury four-door GT or grand tourer-style model, competing in the same segment as the Audi e-tron GT quattro and the upcoming BMW i4, with a price tag exceeding £100,000.

Read more:
Jaguar joins rivals by delaying full electric transition with continued production of F-Pace

0
FacebookTwitterGoogle +Pinterest
previous post
Another Negative of Occupational Licenses
next post
£243,000 IR35 case to be reheard 14 years after contract concluded

You may also like

Revolutionising Education: Creative Applications of Technology in Learning

February 13, 2024

UK mortgage holders will see payments rise to...

May 24, 2023

50 Years in Business: Balancing Heritage and Legacy 

July 29, 2024

Power napping leads to peak performance

February 1, 2023

Post Office eyes extra £100m from new bank...

January 3, 2025

Trump tariffs latest: 90-day pause announced, but China...

April 9, 2025

New R&D tax credit could leave lots to...

April 3, 2023

BBC blocks ChatGPT from accessing and using its...

October 7, 2023

Billionaire husband of ‘Baroness Bra’ Michelle Mone taking...

January 14, 2024

Myenergi calls for local businesses to celebrate what...

December 10, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

      June 7, 2025
    • Deadly drone wars are already here and the US is horribly unprepared

      June 7, 2025
    • Week Ahead: NIFTY’s Behavior Against This Level Crucial As The Index Looks At Potential Resumption Of An Upmove

      June 7, 2025
    • FLASHBACK: Musk accused Trump, GOP leaders of not wanting to cut spending — here’s where they said they would

      June 7, 2025
    • ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

      June 7, 2025
    • FAST distribution and IA

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,562)
    • Stocks (3,135)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved