JLR boosted by £500m loan to sell next generation electric vehicles
Prime Minister Theresa May has promised Jaguar Land Rover (JLR) a £500m loan to sell the next generation of electric cars around the world.
The funds, May told industry leaders on Monday, would come from the UK Export Finance alongside another £125m from commercial lenders.
She was speaking at a Department for Transport roundtable with other leading car manufacturers and industry leaders including Aston Martin, BMW, Nissan and Vauxhall as well as energy groups BP, Shell and National Grid.
The news follows JLR’s announcem... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...