Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series

Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series

SUMMARY

The I-Pace series is expected to roll out six EVs in 2020

The company will also be launching other vehicles with hybrid engines

The EV I-Pace is part of JLR India to launch 10 new products in India by 2020

Looking at the current developments in the electric vehicle (EV) market, Tata Motors has decided to join the bandwagon with its subsidiary  Jaguar Land Rover (JLR). The company plans to roll out six EV in India in 2020.

Jaguar’s first all-electric car, I-PACE series, is expected to launch in the second half of 2020. The company is also expected to launch a series of hybrid vehicles. The introduction of electrified vehicles in India under JLR ’s portfolio is in line with the government’s thrust towards EV.

“The company is encouraged by the introduction of FAME-II by the Government of India and it focuses on the expansion of the charging infrastructure in the country,” Rohit Suri, president and managing director JLR said in a press release of April 2019.

Ralf Speth, the global CEO of JLR, speaking at an event in the UK, also added that the I-PACE series has received an overwhelming response and the company is facing “capacity constraints”.

The CEO also added that JLR expects the supply situation will be challenging with battery shortage. Seth also said that the prices of EVs will remain high for at least the next six years.

JLR India is set to launch 10 new products in India by 2020. Out of these three products are already launched. The company will also be launching Range Rover Evoque and a mid-cycle facelift of XE sedan with product upgrade. JLR is also considering the possibility of installing some of the products with hybrid engines.

The JLR products are available through 27 authorised outlets across India.

Future Vision Of JLR With EVs

The new range is a part of its “Destination Zero”, under which the company aims to launch zero fatality, zero emission, zero congestion to develop a safe and cleaner environment. The company believes that the current industrial revolution is based on decarbonisation, better air quality, less waste and greater convenience.

“We are moving from ICE to ACES – the world of internal combustion engines will give way to autonomous, connected, electrified and shared cars,” the company’s website reads. The company claims that it has cut its carbon dioxide emissions in half across its catalogue in the last decade.

Speth said that all the manufacturing units in UK are already carbon neutral including the R&D setup in Gaydon, which generates over 20% of its power from renewable energies. He also added that the company has the “biggest” solar panel roof in the entire country at 3K square meters.

The Expansion Of EV Market In India

Gurugram-based fleet service provider Infraprime Logistics Technologies (IPLT) announced its plan to launch the first electric commercial vehicle within the next 1.5 months. The company has decided to start off with five electric trucks, following which they will roll out 40-60 trucks per month from January 2020.

Even though, Maruti Suzuki has been facing certain challenges when it comes to the EV infrastructure in India, the company will be launching its first electric car next year. It is currently testing a fleet of 50 prototype EVs based on Wagon R model platform developed by Suzuki Motor in Japan.

In August, Elon Musk had once again set a date for Tesla’s entry into the Indian market. In an interaction with the students of IIT Madras, Musk said that Tesla might run on Indian roads by 2020.

On the other hand, Japan-based automotive giant Toyota is likely to delay its entry into the EV market, according to reports published this week. In 2017, the company had announced plans to launch more than 10 EV models in emerging markets such as India and China by early 2020s.

BMW India, too, is a little skeptical regarding its entry into the Indian EV market as the company feels the market is still “ambiguous and uncertain”.

With the launch of JLR, Tata Motors will be entering the EV market officially.

Step up your startup journey with BHASKAR! From resources to networking, BHASKAR connects Indian innovators with everything they need to succeed. Join today to access a platform built for innovation, growth, and community.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
UNLOCK 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
UNLOCK 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series-Inc42 Media
Jaguar Land Rover To Enter Indian EV Market By 2020 With I-PACE Series-Inc42 Media
You’re in Good company