(Reuters) – British luxury carmaker Jaguar Land Rover (JLR) on Wednesday said it plans to invest 15 billion pounds ($18.65 billion) over the next five years to expand its electric-vehicle offerings.
JLR, which is owned by India’s Tata Motors, added that its Halewood plant in Merseyside, UK, will become an all-electric manufacturing facility.
($1 = 0.8042 pounds)
(Reporting by Chandini Monnappa in Bengaluru; Editing by Devika Syamnath)
