No 10 hands Jaguar Land Rover £500m loan to develop electric cars

clock • 2 min read

Meeting of carmakers also told of plan for new houses to have EV charging point

The government has handed Jaguar Land Rover a £500m loan guarantee to help accelerate its progress in the global electric vehicle race. Theresa May said the loan would help Britain's biggest carmaker...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Automotive

'Exciting new era': Jaguar debuts first electric vehicle

'Exciting new era': Jaguar debuts first electric vehicle

JLR confirms production of £130,000 Jaguar Type 01 will begin in Solihull from early 2027

Stuart Stone
clock 07 October 2026 • 2 min read
Reports: UK preparing tariffs on Chinese electric vehicles

Reports: UK preparing tariffs on Chinese electric vehicles

Move designed to protect domestic manufacturers, but new import tariffs could push up prices for electric vehicles

James Murray
clock 05 October 2026 • 2 min read
'Major achievement': Almost five new EVs sold in the UK every minute in September

'Major achievement': Almost five new EVs sold in the UK every minute in September

UK car industry hails record electric vehicle sales in September, with almost 100,000 fully-electric vehicles registered

Michael Holder
clock 02 October 2026 • 6 min read