Jaguar Land Rover (JLR) is well aware of the necessity of incorporating cutting-edge technology into the forefront of its model lineup in order to remain competitive. For the British automaker to remain competitive, customers now demand levels of technology never before seen in new vehicles.
Today, Jaguar Land Rover (JLR) announced a new “Open Innovation” strategy that aims to bring cutting-edge technology and sustainability into the brand’s business strategy. For buyers of the Jaguar I-Pace and Land Rover Range Rover Hybrid, this may sound like a lot of corporate speak, but it actually means something to them.
A “first-of-its-kind innovation hub” will be opened near Plug and Play’s UK headquarters in Coventry as a result of the new strategy, which was developed in partnership with the investor. Additionally, JLR will gain a new foothold in Latin America through two new partnerships with Cubo Itau and Firjan. Furthermore, these two organizations assist in the establishment of new businesses. JLR hopes that these alliances will lead to more innovation in the Latin American market.
As for the hubs, Jaguar Land Rover (JLR) plans to use them to create new jobs and opportunities that it hopes will lead to collaboration with new partners in the automotive industry. Here, JLR can experiment with new technologies and business models before putting them into use on a larger scale.
Jaguar Land Rover’s overall goal is to help the brand achieve net-zero emissions by 2039, according to the company. The JLR Reimagine strategy, which aims to make JLR “the creator of the world’s most desirable luxury vehicles,” is already in place at JLR. By focusing on sustainability and improving quality, Jaguar hopes to attract more customers as it transitions to being an electric-only brand by 2025.
What does this mean for the average consumer? A better-quality item To counter Jaguar and Land Rover’s reputation for, say, “mechanical foibles,” vehicles should be screwed together better. As a result of these new collaborations and objectives, we expect that JLR vehicles will feature better and more advanced technology. While we’re confident that it can handle luxury, we’ll be keeping an eye on how it integrates technology and reliability in the years ahead.