All three companies have plans for their own electric vehicles, and with Tesla currently dominating the electric vehicle market, each is keen to grab its share of the growing demand.
JLR currently doesn’t have an electric vehicle in either its Jaguar or Land Rover ranges, so it doesn’t build its own EV batteries. Ford’s batteries for the Focus Electric are produced in collaboration with a subsidiary of LG, while BMW sources its batteries from Samsung. A joint battery factory between the brands would benefit all three manufacturers.
The plans fit the EV timescale for all three manufacturers. Jaguar is believed to already be developing its first all-electric car, based on the F-Pace, although it remains tight-lipped on the model ahead of its unveiling.