Current Affairs - Business - Discussion

Tata Motors-owned Jaguar Land Rover has joined hands with BMW to develop next-generation electric drive systems. The collaboration seeks to advance the development of electrification technology to support transition autonomous, connected, electric, shared (ACES) future, Jaguar Land Rover. The two partners will invest jointly in research and development, engineering and procurement with an aim to provide the necessary economies of scale to support increased consumer adoption of electric vehicles.