Jaguar to transition to all-electric models in UK
Jaguar F-Pace production to cease in 2023
Jaguar Land Rover has announced that it will stop producing its F-Pace SUV in the UK in 2023, and will transition to all-electric models in the country.
The decision is part of Jaguar Land Rover's broader plans to become a fully electric brand by 2030.
Jaguar Land Rover CEO Thierry Bollore said: "We are committed to our vision of becoming a net zero carbon business by 2039.
"This means investing in electric vehicles and phasing out our internal combustion engine vehicles."
The F-Pace is Jaguar's best-selling model in the UK
The F-Pace is Jaguar's best-selling model in the UK, with over 50,000 units sold since its launch in 2016.
However, sales of the F-Pace have been declining in recent years, as buyers have increasingly opted for electric vehicles.
Jaguar Land Rover said that the decision to stop producing the F-Pace in the UK was "not taken lightly".
Jaguar to invest in electric vehicle production
The company said that it will invest in electric vehicle production at its Castle Bromwich plant in the UK.
Jaguar Land Rover said that it will also create a new battery assembly center at Hams Hall in the UK.
The company said that these investments will help it to meet the growing demand for electric vehicles in the UK.
Jaguar to launch new electric models in the coming years
Jaguar Land Rover said that it will launch a number of new electric models in the coming years.
The company said that these models will include the Jaguar XJ, which will be an all-electric luxury sedan.
Jaguar Land Rover said that it will also launch an all-electric version of the Range Rover in the coming years.