Jaguar Land Rover (JLR) Automotive, the UK subsidiary of Tata Motors, plans to fire on all cylinders as it braces to steer profitably amid disruptive technologies, regulatory and geopolitical changes, apart from heightening competition. The maker of Jaguar luxury sedans and Land Rover sport utility vehicles plans to introduce three new nameplates by 2022-23, a flurry of upgraded models and to develop a fully flexible platform to be “future ready”, the company told investors on Friday. The Birmingham-based entity will be pumping in £4.5 billion annually from FY19 to FY21 for this. A platform with ‘modular longitudinal architecture’ is expected to be ready by 2025. This is aimed to offer the flexibility to turn out models that run on conventional petrol and diesel engines, as well as hybrid or battery-operated full electric ones.
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