Government pledges £500m to Jaguar Land Rover for electric car projects

THE BRITISH car maker Jaguar Land Rover (JLR) has earned the support of the UK government with a substantial underwriting of the loans being ploughed into firm’s new electric vehicle projects. Outgoing Prime Minister Theresa May, Business Secretary Greg Clark and Transport Secretary Chris Grayling issued a £500m loan guarantee to JLR for the development … Continue reading Government pledges £500m to Jaguar Land Rover for electric car projects