Tata Motors has announced the securing of a 340 million pounds loan from the European Investment Bank for Jaguar Land Rover (JLR).
The eight-year loan will be used for the development of full hybrid drive trains and more energy efficient car bodies, destined for the future JLR cars. As this research will help the company reduce C02 emissions, the loan has been provided under the European Clean Transport Facility.
We are very happy with the support extended to us by the European Investment … (read more)