By John Glenday

Jaguar Land Rover, Britain’s largest car firm, has become the latest company to enter the electric car market by joining the Formula E battery powered F1 championship.

This dovetails with a decision to allocate some of its £3bn research and development budget toward electric vehicles for consumer use, including the development of a fully battery-powered electric sports car.

The car giant will also investigate means of introducing batteries into its existing range, positioning itself as a direct competitor to the likes of BMW and Tesla in the sector.

This comes as the EU moves to mandate drastically lowered fuel consumption limits by 2020 Read full story ›

Source: The Drum