F - Jaguar Land Rover to Build Electric XJ in the UK: Secures 2700 Jobs

Jaguar Land Rover will build its new all-electric Jaguar XJ car in the UK. The auto-giant made the announcement earlier today, giving a needed boost to the UK’s rattled car-industry.

Here’s what we know.

Jaguar has gone against the grain by bringing production of the XJ EV to the UK. The move has come as a surprise. By contrast, fellow car-makers Ford (NYSE:F), Nissan (OTC:NSANF), and Honda (NYSE:HMC) all announced cutbacks in the UK this year, due to declining sales and the uncertainties surrounding Brexit.

But now, Jaguar has ...