Opinion: why JLR isn't all-in on electric

Opinion: why JLR isn’t all-in on electric

Jaguar Land Rover’s strategists expressed caution more than the choose-up of EVs in a presentation with banking analysts very last calendar year. The firm’s own estimate was for 20% of new autos getting electric by 2025. BMW and Volkswagen hedged their bets at 15-25%. 

Bloomberg and Bank of The usa have been at 26% and 24%. Analysts at Bernstein offered a ‘rapid adoption’ estimate of 57% by 2030 and reduced adoption amount of just 19% by the finish of the next ten years. 

In shorter, no one appreciates. It will not have steadied the nerves of any automotive planners to see that Tesla has made a decision to slash far more than 3000 positions from its 45,000-robust workforce, admitting its vehicles have been nevertheless far too high priced for the mainstream and profits far too lower. 

https://www.autocar.co.british isles/opinion/market/belief-why-jlr-isnt-all-electrical

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