Jaguar's new electric vehicles are expected to cost around £150,000, significantly higher than previously anticipated. CEO Adrian Mardell announced a £1.5bn investment in developing these models over five years. The company plans to stop production of most current models to focus on electric vehicles, despite facing challenges in sales and competition. Jaguar aims to attract affluent buyers with its new design vision, but the rebranding has faced criticism for potentially damaging the brand's heritage. Teljes cikk (Euronews.com)