Jaguar to end EV production with Magna Steyr as it transitions into a more exclusive luxury brand
Baua Electric
JULY 17, 2024
Jaguar-Land Rover has decided not to renew its production contract with Magna Steyr as it looks to transition from a “mass premium” brand to a luxury EV automaker in 2025. Jaguar’s contract with Magna Steyr expires this December, and given the automaker’s recently shared plans, it has decided not to renew. RIP I-Pace.
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