Jaguar, the legendary premium car maker, has taken a break. The auto brand, part of the multinational automaker Jaguar Land Rover, will not release new models until at least 2025. At least, this is what the French edition of Le Monde claims, citing knowledgeable sources.
According to insiders, after a three-year hiatus, Jaguar will return to the production of new cars, but will become an all-electric brand. That is, the company will abandon the production of cars with internal combustion engines and switch to the production of electric vehicles, competing with brands such as Aston Martin and Bentley, which also announced the imminent electrification of their lineup.
By the way, back in early 2021, Jaguar Land Rover CEO Thierry Bollore announced that the company intends to completely change the positioning of the Jaguar brand. According to him, the Land Rover brand will continue to be associated with SUVs, but Jaguar will be very different from SUVs. The company recently announced a £ 2.5 billion investment to develop an exclusive platform for Jaguar’s electric vehicles. The brand is so serious about the new plan that it decided to abandon some of the models it was in development. Among them is the premium sedan Jaguar XJ, which is not destined to appear on the roads.

Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.