In 2013, in response to Speth, it invested £3 billion in "product creation" and claimed to be the "largest R&D investor in the UK in the automotive business". In March 2012, Jaguar Land Rover announced the creation of 1,000 new jobs at its Halewood plant, and a shift to 24-hour manufacturing at the plant. In the identical month, Jaguar Land Rover and the China-based mostly carmaker Chery agreed to speculate an preliminary US$2.78 billion in a brand new joint venture, the actions of which would come with the manufacture of Jaguar and Land Rover vehicles and engines, the establishment of a research and development facility, the creation of a brand new automobile marque, and sales of automobiles produced by the corporate. After initial plans to make EMA a multi-gasoline platform, it was confirmed to be electric-only. The new electric successor to the Velar won’t use a model of the Modular Longitudinal Architecture (MLA) platform that may underpin the total-measurement Range Rover Electric, as a substitute it would sit on the firm’s new EMA platform. The EMA structure will closely use over-the-air updates, specializing in options similar to ‘evolving superior driver-help systems’, ‘non-cease entry to media streaming’ and exchanging knowledge between JLR and EMA-primarily based vehicles, reminiscent of the brand new Velar, for extra service and upkeep prompts to ‘reduce costs for the consumer and JLR’.
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