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Jaguar Land Rover reports record revenues but warns it will miss UK electric car targets

JLR not on track to comply with zero emissions vehicle mandate, which requires 22% of sales in 2024 to be electric

Britain’s largest carmaker, Jaguar Land Rover, has reported record revenues amid continued strong demand for its Range Rover and Defender models, but warned that it expects to miss UK government targets for electric cars next year.

The company is not on track to comply with the UK government’s zero emissions vehicle (ZEV) mandate, which will require 22% of total UK sales next year to be electric cars. Failure to meet the target could result in fines of £15,000 for every non-electric vehicle produced over the threshold.

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