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UK gives Tata Motors' Jaguar $620 million loan guarantee
short by Krishna Veera Vanamali / on Tuesday, 16 July, 2019
The UK government has given Jaguar Land Rover (JLR) a $620-million loan guarantee to support the design, manufacture and export of electric cars. Prime Minister Theresa May made the announcement after a round-table meeting with auto-industry representatives. Earlier this month, the Tata Motors subsidiary announced a new range of electrified cars to be made at a plant in central England.
read more at The Guardian