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30 October 2023

Daily Newsletter

30 October 2023

Land Rover’s EV Defender will be built in Slovakia

Hopes for iconic Defender’s return to UK quashed

Dani Cole October 30 2023

Jaguar Land Rover will make an electric version of its Defender in Slovakia, Bloomberg reports.

Details have not been finalised, but the Nitra plant in Slovakia will remain “the home of the Defender”, a JLR spokesperson confirmed to the news agency.

It is part of plans to launch nine fully electric models by 2030, including six range Rover and Jaguar electric models at its UK plants in Solihull and Halewood.

Earlier this month the automaker, which is owned by India’s Tata Motors, opened a new £250 million test facility in Coventry.

In 2019, JLR announced that the new Defender would be built in Slovakia.

The last Defender came off the production line in 2016, after almost 70 years of production in Solihull, UK.

High upfront costs could be detrimental towards the growth of the off-highway EV market

The global off-highway electric market is expected to grow at a CAGR of 17.4% by 2030, per GlobalData. Despite the strong growth, high upfront costs may pose a challenge. Due to the high capacity of these vehicles, they consume large amounts of power from a number of battery packs installed on the vehicle, whose high cost in turn adds to the cost of the vehicle, thereby increasing the initial cost. However, governments worldwide are offering subsidies and tax exemptions in order to help customers to counter the initial purchase cost.

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