Corporate News
Jeep finalising Electric vehicle strategy for India, looks to increase localisation

Electric vehicles are a focal point for SUV maker Jeep in India and it is evaluating different options before finalising its plans for the domestic market, a top company executive has said. Jeep India, which is a part of automobile group Stellantis, also said that the company is aiming for over 90 per cent localisation in its compact SUV Jeep Compass over the next three years. The company has a 50:50 joint venture manufacturing facility with Tata Motors at Ranjangaon in Pune district. "Options for electrification (of vehicles) is something we are studying right now because the customer is at the centre and his (customer's) needs have to be satisfied. Globally, we have a vast expansion of the EV portfolio. So, we are evaluating different options for India," Aditya Jairaj, Head of Jeep India Operations and Deputy Managing Director at Stellantis India told PTI on the sidelines of the roll out of the new Jeep Compass nine-speed AT Diesel in a 4x2 configuration on Saturday.

News Source:- https://timesofindia.indiatimes.com/business/india-business/jeep-finalising-electric-vehicle-strategy-for-india-looks-to-increase-localisation/articleshow/103735981.cms