Jaguar Land Rover (JLR), a subsidiary of India-based Tata Motors Limited, plans to invest £500m ($669 million) to revamp its electric vehicle (EV) factory in Halewood, a small town outside Liverpool. The plant will support more EV production, alongside existing combustion and hybrid models.

Jaguar Land Rover (JLR) will invest 500 million pounds ($669.6 million) to support parallel production of electric vehicles at its Halewood facility as part of its electrification strategy, the British luxury carmaker said on Thursday.

The parent company of Jaguar and Land Rover is getting its 61-year-old factory in Halewood near Liverpool ready for EV production. This will be where the carmaker will manufacture mid-size electric SUVs based on the new Electric Modular Architecture (EMA) platform.

Jaguar Land Rover (JLR) has announced a major £500 million investment to transform its historic Halewood plant into a state-of-the-art facility capable of producing electric vehicles (EVs) alongside traditional combustion and hybrid models.

JLR is investing £500m in its Halewood facility to produce electric vehicles, alongside existing combustion and hybrid models at the plant. Original

JLR says the Merseyside plant will become "the factory of the future" but it is yet to decide which all-electric model it will produce there first, as global demand for EVs remains on rough ground.