JLR Prioritizes High-Margin Luxury EVs, Retreating from Volume Market

JLR, the parent company of Jaguar and Land Rover, is doubling down on its luxury strategy, aiming to move further upmarket with its EV offerings. Following a challenging year, the automaker plans to focus on higher-margin models and bespoke customer experiences, especially for its Range Rover and Defender lines, to sidestep the intense competition in the mainstream premium segment.