JLR To Invest GBP4mn In Research Project
News: Jaguar Land Rover (JLR) will invest GBP4mn (US$6.24mn) in the UK government's new research project, Evoque_e. The GBP16.3mn (US$25.44mn) project intends to develop advanced battery and hybrid technologies and will begin in October. Three research vehicles will be designed, developed and built and will showcase the next generation of powertrain concepts for all-electric, plug-in hybrid and 'mild' electric-hybrid cars. The project is being supported by the UK's Technology Strategy Board.