logo
Jaguar Land Rover delays launch of new Range Rover Electric

Jaguar Land Rover delays launch of new Range Rover Electric

The Guardian18-07-2025
Britain's largest carmaker, Jaguar Land Rover, has delayed the planned launches of its new electric Range Rover and electric Jaguar models to give it time for more testing and for demand to pick up, the Guardian can reveal.
JLR has written to customers waiting for the Range Rover Electric to inform them that deliveries of the new version of the model will not start until next year, after initially aiming for late 2025.
Two people with knowledge of the carmaker's plans said that two planned Jaguar models – much anticipated since a viral pink-and-blue rebrand – may also be pushed back by several months compared with original plans.
JLR has been hit by the impact of Donald Trump's tariffs in recent months; this week it reported a 15.1% drop in sales in the three months to June after a temporary pause in exports to the US. It has also opened a voluntary redundancy scheme for up to 500 managers in an effort to save costs.
However, sales are expected to improve after the UK's limited trade deal with the US provided for lower 10% tariffs on the first 100,000 exports. The company has reported a profit for the past 10 consecutive quarters after a turnaround effort.
The carmaker, owned by the Indian conglomerate Tata, has been more cautious in embracing electric technology than luxury vehicle rivals. That had left it in danger of steep fines for failing to hit UK electric vehicle sales targets, but that pressure has eased after the UK weakened the rules, known as the zero emission vehicle (ZEV) mandate, in response to heavy lobbying by carmakers including JLR.
A JLR spokesperson said: 'By 2030 JLR will sell electric versions of all its luxury brands. Our plans and vehicle architectures are flexible so we can adapt to different market and client demands. We are committed to the highest standards of design, capability and quality, and we will launch our new models at the right time for our clients, our business and individual markets.'
Model launch delays of several weeks or even months are not unusual, as carmakers try to align their products to the market.
Getting the launch date right is particularly important for Jaguar, which JLR is hoping to reinvent as an electric-only brand that will appeal to younger, wealthier buyers.
A promotional campaign in December featuring bright pink and blue concept cars spurred a huge wave of interest – as well as a culture war backlash after a teaser trailer featuring a diverse group of models.
The start of production for the first Jaguar electric car since the rebrand, known for now as the Type 00, is set for August 2026, according to a source with knowledge of schedules. Although prices have not yet been confirmed, it is expected to cost more than £100,000. The second Jaguar model may not then follow until December 2027.
A new electric version of the Range Rover Velar is also set to start production in April 2026, although it also could be delayed further, the source said. An electric model under the Defender sub-brand could start production in the first quarter of 2027.
Sign up to Business Today
Get set for the working day – we'll point you to all the business news and analysis you need every morning
after newsletter promotion
JLR declined to comment on specific model launch dates.
Two people with knowledge of JLR's manufacturing operations said the delays had partly been caused by the need to carry out extended testing, because they are the first electric models to to be directly built by the manufacturer. JLR previously sold the electric Jaguar I-Pace, but it was built by a contract manufacturer.
One of the people said the delays may not harm JLR financially, because they will allow the company to continue to sell its lucrative petrol and diesel hybrid versions. People inside JLR have said 'the delay has worked in our favour' and 'let's not rush this', the person said.
Trump's policies have also made a delay more attractive for JLR, because his administration is actively trying to discourage the shift to electric cars in the US, the manufacturer's key market. Trump's brief period of collaboration with the Tesla boss, Elon Musk, has collapsed into acrimony.
JLR's slower shift to electric vehicles would also align with the start of production by a battery factory being built by Tata in Somerset. The plant, built by a subsidiary named Agratas, is due to start production in the last quarter of 2027, according to Tata Motors's latest investor call. That is a year later than the company initially planned.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Rolls-Royce shrugs off tariff pressures as profits soar
Rolls-Royce shrugs off tariff pressures as profits soar

The Independent

time23 minutes ago

  • The Independent

Rolls-Royce shrugs off tariff pressures as profits soar

Rolls-Royce has revealed soaring profits as strong demand for its engines offset supply chain challenges and tariffs. Shares in the company surged to a new record level on Thursday morning as a result. The FTSE 100 firm said the results showed continued success in the long-term transformation plan first laid out by the company in 2023. On Thursday, the engineering giant revealed that underlying operating profits jumped by 50% to £1.7 billion for the first half of 2025. Rolls-Royce raised its financial forecasts for 2025 as a result, predicting underlying operating profits between £3.1 billion and £3.2 billion this year. It represents a significant upgrade after previously pointing towards profits between £2.7 billion and £2.9 billion. Rolls-Royce, which makes engines used in large Boeing and Airbus planes, said it was supported by a 'strong' performance in its large engines business, as well as margin improvements on contracts. The company said underlying revenues in its civil aerospace arm grew by 17%, with growth of 20% in its power systems division. The London-listed business cheered the 'strong' performance in the face of 'an uncertain external environment, including continued supply chain challenges and tariffs'. It said Rolls-Royce is expecting to fully offset the impact of announced US tariffs through mitigating actions and is also monitoring the potential indirect impact of weaker economic growth and trade tensions. Rolls-Royce also highlighted 'some improvement' in its supply chain, resulting in improvement availability for finished parts, but recorded inflationary pressure in product costs. Tufan Erginbilgic, chief executive of the company said: 'Our multi-year transformation continues to deliver. Our actions led to strong first half year results, despite the challenges of the supply chain and tariffs. 'We are continuing to expand the earnings and cash potential of Rolls-Royce. 'A strong start to the year gives us confidence to raise our guidance for 2025.' Rolls-Royce shares were 9% higher at 1,077p on Thursday morning.

Neptune Play Bonus Code - Bet £20 Get £20 Free Bets + 20 free spins
Neptune Play Bonus Code - Bet £20 Get £20 Free Bets + 20 free spins

The Independent

time23 minutes ago

  • The Independent

Neptune Play Bonus Code - Bet £20 Get £20 Free Bets + 20 free spins

Neptune Play is one of the best new betting sites on the market, and although it is more renowned as an online casino, there's still a great welcome offer to be had for new customers wanting to use their sportsbook product. In fact, new customers that sign up using our link can claim £20 in free bets after betting £20 online, along with landing 20 free spins to use on online slots. To take advantage of the offer, customers must deposit and bet £20 on any sports market with odds of evens or greater, with free bets and free spins credited within 24 hours after the qualifying wager settles. Read on for more information on the Neptune Play bonus code offer, including how to sign up, key terms and additional information on Neptune Play free bets. What is the Neptune Play Bonus Code? The Neptune Play sign up offer is a simple bet and get offer for new customers. Users that bet £20 get £20 in free bets to use across the sportsbook, with the added bonus of 20 free spins. The offer is only available for customers' first deposit, which must be £20 using an eligible payment method. There is no need for a Neptune Play promo code to access the offer. Customers must bet £20 on any Neptune Play sports market with four selections or more with odds of evens or greater. The £20 in free bets and 20 free spins are credited once your qualifying wager is settled. Free bets are active for 14 days. Free spins must be used within 24 hours, and can only be used on Book of Dead, which is one of the best online slots. How to Claim the Neptune Play Bonus Code Below, we've provided a clear, step-by-step guide on how to claim the Neptune Play welcome offer: Step 1: Use one of the links in the article to enter the Neptune Play sportsbook. Step 2: Complete the sign up process on the Neptune Play sportsbook. Step 3: Deposit £20 and bet £20 on any sports market with odds of evens or greater. Step 4: Once your qualifying wager has settled, you'll receive £20 in free bets to use on Neptune Play within 14 days. Step 5: Customers also receive 20 free spins to use on Book of Dead. The casino bonus expires within 24 hours. Important Terms to Know In this section, we have provided some simple detail on the key T&Cs for the offer, though be sure to check the full terms on the website before opting in: Offer available only to UK-based customers aged 18+, using our link. Offer can only be claimed once per household and IP address. Offer is only available with first deposit. Customers must deposit £20 via eligible payment method. Qualifying £20 bet must be on a sports market with odds of evens or greater. Void/cancelled or cashed out bets do not count towards wagering to activate the bonus bet. Free spins must be used on Book of Dead slot. Free spins must be used within 24 hours. Free spins carry 15x wagering requirement before funds can be withdrawn. Free bets and free spins are credited within 24 hours of bet settling, and are active for up to 14 days. Neptune Play has two main types of offer for existing customers. Bet boosts enhance the value of odds for betting markets across the site's sportsbook – ensuring that customers get the best possible prices on odds – while customers can qualify for bonus free bets by opting-in on promotions at specified times. Below, we break down the pros and cons of the Neptune Play offer using a table. Responsible Gambling Gambling should be considered a form of entertainment. It has not and has never been, a dependable way to make money. Only bet what you can afford to lose and be mindful that it is easy to become immersed in sportsbook and casinos bonuses and this can cause you to lose track of your time and funds spent gambling. Caution should be applied whether you are using betting apps, casino sites, bingo sites, betting sites or any other form of gambling site or app. Neptune Play supports safe gambling practices, and offers the use of responsible gambling tools such as deposit limits, reality checks, loss limits, time-outs and self-exclusion, to help prevent your enjoyment of gambling sites from getting out of hand. If you have gambling-related concerns, then seek independent help. There are several UK charities and institutions that offer support, advice and information, with a few listed below: We may earn commission from some of the links in this article, but we never allow this to influence our content. This revenue helps to fund journalism across The Independent.

Tax rises would force up prices for customers, retailers warn Reeves
Tax rises would force up prices for customers, retailers warn Reeves

The Independent

time23 minutes ago

  • The Independent

Tax rises would force up prices for customers, retailers warn Reeves

Rachel Reeves has been urged not to raise taxes in her autumn budget, with Britain's biggest retailers warning it could trigger higher shop prices and have a knock-on effect on both household incomes and the economy. A report from the British Retail Consortium (BRC) found that as many as 56 per cent of retail finance chiefs – representing more than 9,000 stores – are 'pessimistic' about trading conditions over the next 12 months. It comes after a number of major retailers, including Iceland, Poundland and New Look, announced store closures amid the fallout from the chancellor's decision to hike national insurance for employers in her first budget. The BRC's chief executive, Helen Dickinson, urged the chancellor not to 'add further costs to retailers and high streets' at the upcoming budget, warning it will 'be the British public who suffer from the knock-on impact on inflation'. 'Retail was squarely in the firing line of the last Budget, with the industry hit by £7bn in new costs and taxes', she said. 'Retailers have done everything they can to shield their customers from higher costs, but given their slim margins and the rising cost of employing staff, price rises were inevitable.' Ms Dickinson added: 'The consequences are now being felt by households as many struggle to cope with the rising cost of their weekly shop. 'It is up to the chancellor to decide whether to fan the flames of inflation, or to support the everyday economy by backing the high street and the local jobs they provide.' It comes amid growing questions over how the government will fill a black hole in the public finances after a series of U-turns and spending pledges, including a £5bn U-turn on welfare cuts. Ministers have already squeezed significant savings out of their departments in cuts that were unveiled at June's spending review, meaning there is now a mounting expectation that the chancellor will be forced to raise taxes instead. The BRC's report warned of rising food inflation, predicting that it would hit 6 per cent by the end of the year - up from four per cent at present - in a 'significant challenge' to household budgets in the run-up to Christmas. Some 85 per cent of chief financial officers said their businesses had been forced to raise prices as a consequence of the last budget's raising of employer national insurance and the national living wage, while two thirds (65 per cent) predicted further rises in the coming year. Other than cost increases, 42 per cent of chief financial officers said they had frozen recruitment, while 38 per cent said they had reduced job numbers in-store. This was reflected in the official job figures, with almost 100,000 fewer retail jobs in the first quarter of 2025 compared to the previous year, the BRC said. More than a third of CFOs (38 per cent) said they had cut investment in local communities, while 15 per cent had already delayed opening new stores. It comes after market research firm Worldpanel by Numerator, formerly Kantar, reported UK grocery prices had increased at their fastest pace for 18 months amid growing concern from shoppers about the rising cost of living. Grocery price inflation accelerated to 5.2 per cent in the four weeks to July 13, up from 4.7 per cent a month earlier and the highest level since January 2024. The data indicated that rising prices are set to add an average of £275 to shoppers' annual grocery spending. An HM Treasury Spokesperson said: 'We are a pro-business government which has capped corporation tax and struck major trade deals with the EU, US, and India—cutting costs, protecting jobs, and fuelling growth. '865,000 employers do not pay employers National Insurance because we increased the Employment Allowance, and as set out in the Plan for Change, the best way to strengthen public finances is by growing the economy – which is our focus. Changes to tax and spend policy are not the only ways of doing this, as seen with our planning reforms, which are expected to grow the economy by £6.8bn and cut borrowing by £3.4bn.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store