A hard-brexit would cost Jaguar Land Rover $1.59 billion every year

In recent weeks some of the biggest companies operating in Britain have been critical of a lack of clarity in Brexit’s outcome. On Thursday, Jaguar Land Rover, Britain’s biggest carmaker stated, if the negotiations between Britain and the European Union were to result in a so-called “hard Brexit” it would cost it $1.59 billion (1.2…

All of Tata Motors’s car offerings from its JLR brand would either be hybrids or EVs post 2020

All of JLR’s vehicles, after 2020, will sport BlackBerry’s infotainment software from its QNX unit. On Thursday, Tata Motors Ltd and BlackBerry Ltd stated they have reached a licensing agreement whereby Tata Motors can use BlackBerry’s software in its next-generation electric vehicles. BlackBerry will provide its security and infotainment software to Tata Motors’ JLR unit…

Need increased clarity on Brexit in order to build electric vehicles in Britain: Jaguar Land Rover

Brexit related issues, including increased tariffs and the customs checks could have widespread ramifications across JLR’s supply chain and significantly increase it costs. The CEO of Britain’s biggest carmaker Jaguar Land Rover has disclosed it requires more clarity on Britain’s terms of exit from the European Union before it can decide whether it can produce…