• Wednesday, August 10, 2022

Business

Brexit uncertainty leaves Jaguar undecided on introducing electric cars in UK

Land Rover Hybrid Electric is displayed at the 88th Geneva International Motor Show on March 7, 2018 in Geneva, Switzerland. (Photo by Robert Hradil/Getty Images)

By: Sarwar Alam

BRITAIN’S biggest carmaker Jaguar Land Rover has yet to make an imminent decision on whether to build electric cars in its home market partly due to uncertainty over the final Brexit terms, its boss said on Tuesday (2). Owned by India’s Tata Motors, the automaker, which builds nearly a third of Britain’s roughly 1.67 millions cars, is also talking to warehousing companies and has plans to stockpile parts in the event unfettered trade with the bloc is lost. The firm could also move its annual summer-time shutdowns to the spring to handle any disruption from a disorderly Brexit after Britain…

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