Skip to content
Search

Latest Stories

JLR unveils 'futuristic driverless' car concept

Tata Motors-owned Jaguar Land Rover (JLR) has unveiled a new futuristic electric driverless car concept ‘Project Vector’.

It is an advanced, flexible, multi-use electric vehicle that is "autonomy-ready", which was developed at the National Automotive Innovation Centre (NAIC).


"Project Vector shows Jaguar Land Rover as a leader in innovation to make our societies safer and healthier, and the environment cleaner," said JLR CEO Ralf Speth.

"Through this project, we are collaborating with the brightest minds in academia, supply chain and digital services to create connected, integrated mobility systems - the fundamental building blocks for Destination Zero," he said.

The company's Destination Zero mission refers to a focus on achieving a future of zero emissions, zero accidents and zero congestion through its products, services and across its facilities.

The Project Vector concept vehicle has been developed as part of a spin-off project developed at its innovation centre at the University of Warwick in central England.

In the coming months, the development of the model will move to the next stage for it to be ready to pilot on the streets by late next year.

The intention is to collaborate with the local area through Coventry City Council and the West Midlands Combined Authority to plan a mobility service from late 2021, as a living laboratory for future mobility on the streets of the city of Coventry - about 100 miles (160 km) from London.

Vector is one of the first major projects to be developed within the new NAIC, a £150 million innovation centre created along with the Warwick Manufacturing Group (WMG) to house hundreds of academics, researchers, engineers and designers from across the UK and India to work on cars and vehicles of the future.

More For You

IMF

Cash-strapped Pakistan is currently participating in its 24th IMF programme

Getty Images

IMF approves £900 million to Pakistan highlighting economic stability despite floods

Highlights

  • Pakistan to receive £750 m under Extended Fund Facility and £150 m under climate resilience programme.
  • IMF praises Pakistan's strong programme implementation and macroeconomic stability-.
  • Country's gross reserves increase to £10.8 bn from £7.05 bn a year earlier.

The International Monetary Fund (IMF) has approved a fresh disbursement of approximately £900 m ($1.2 bn) to Pakistan, acknowledging the country's efforts to maintain economic stability despite facing devastating floods.

The IMF Executive Board granted approval under a dual-track bailout arrangement during a meeting in Washington on Monday. Pakistan will receive £750 m ($1 bn) under the 37-month Extended Fund Facility (EFF) and £150 m ($200 m) under the climate-focused Resilience Sustainability Facility (RSF).

Keep ReadingShow less