LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Jaguar Land Rover is reviving this SUV as an EV model to rival BYD

Robert Frost by Robert Frost
June 19, 2024
in Industries
Jaguar Land Rover is reviving this SUV as an EV model to rival BYD
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Jaguar Land Rover is reviving the Freelander as an electric SUV to compete with BYD in the world’s largest EV market. The Freelander EV is part of JLR’s plans to revamp the brand as the industry shifts to electric.

The iconic “House of Brands” under JLR, including Range Rover, Defender, Discover, and Jaguar, is looking to find its identity as the industry shifts to electric.

You might also like

New electric bike license scheme to be tested on school-aged riders

California set to BAN Tesla sales, Vietnam leads the way, and VW value tanks

Sunrun’s 37,000 home batteries are bailing out Puerto Rico’s grid

During JLR’s Investor Day 2024 on Tuesday, the brand announced it will revive the Freelander, which has been out of production for a decade, as an EV brand. The Freelander SUV was built from 1997 to 2015 but was succeeded by the Discovery Sport in 2016.

JLR signed a letter of intent to license the Freelander brand in China with Chery Automotive. The brand will expand Jaguar Land Rover and Chery’s joint venture (CJLR), opening a new chapter.

Adrian Mardell, JLR’s CEO, said the new collaboration, “combined with the appeal of the Freelander brand, promises a very exciting future for CJLR.”

Jaguar-Land-Rover-BYD
(Source: Jaguar Land Rover)

Under the proposed agreement, CJLR will produce EVs under the Freelander based on Chery’s platform. The Freelander EVs will be independent from Chery and JLR’s existing brands.

The new Freelander EVs will be built at CJLR’s manufacturing plant in Changshu. Although it will “initially be sold in China,” the new EV brand is “destined for global export” over time.

Jaguar-Land-Rover-BYD
2011 Freelander 2 (Source: JLR)

Jaguar Land Rover looks to take on BYD and others in the world’s largest EV market. Although the company has grown steadily in the region over the past six years, China’s premium auto market is moving quickly. The company said the growth is “propelled by premium segment growth coupled with rapid electric vehicles penetration.”

Jaguar-Land-Rover-BYD
Yangwang U8 (Source: BYD/Yangwang)

Automakers, like BYD, are aiming for the luxury segment with new energy brands like Yangwang.

BYD’s Yangwang brand began delivering its first vehicle in December 2023, the U8 off-road SUV, starting at over $150,000 (1,089,000 yuan). In February, it launched the U9 electric sports car.

Can Jaguar Land Rover’s new Freelander EV brand compete with market leaders like BYD? Let us know your thoughts in the comments below.

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

Lucid Ocean? With Fisker now bankrupt, another EV automaker is swooping in on the trademark

Next Post

Crypto Super PAC raises $169M following $10M donation from Jump Crypto

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

New electric bike license scheme to be tested on school-aged riders
Industries

New electric bike license scheme to be tested on school-aged riders

July 22, 2025
California set to BAN Tesla sales, Vietnam leads the way, and VW value tanks
Industries

California set to BAN Tesla sales, Vietnam leads the way, and VW value tanks

July 22, 2025
Sunrun’s 37,000 home batteries are bailing out Puerto Rico’s grid
Industries

Sunrun’s 37,000 home batteries are bailing out Puerto Rico’s grid

July 21, 2025
Volkswagen is practically giving away the ID.4 with leases as low as  a month
Industries

Volkswagen is practically giving away the ID.4 with leases as low as $99 a month

July 21, 2025
Next Post
Crypto Super PAC raises 9M following M donation from Jump Crypto

Crypto Super PAC raises $169M following $10M donation from Jump Crypto

Related News

Penthouse to prison: Sam Bankman-Fried’s journey from crypto king to convicted conman

Penthouse to prison: Sam Bankman-Fried’s journey from crypto king to convicted conman

March 27, 2024
Ray Dalio says the risk to U.S. Treasuries is even greater than what Moody’s is saying

Ray Dalio says the risk to U.S. Treasuries is even greater than what Moody’s is saying

May 19, 2025
BNY agrees to take entire NOMA office building in Manchester | Property Week

BNY agrees to take entire NOMA office building in Manchester | Property Week

September 12, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?