The contract comes as a result of global competitive tendering exercise on component-sourcing for the Evoque. The eagerly-anticipated vehicle is schedule to arrive in dealerships later this year, while over 100,000 customers globally have already formally registered interest in it.
"Jaguar Land Rover is a key player within the UK economy. We are the largest investor in automotive research and development and engineering in this country and as today's announcement shows, we generate billions of pounds of economic activity here every year. Alongside the 1,500 new jobs created in Halewood to support the launch of the new Evoque, Jaguar Land Rover is investing in advanced research, design and technical innovation with key strategic partners which together with today's £2bn of contract announcements will mean the creation of thousands more skilled jobs in the UK automotive supply chain," explains Jaguar Land Rover CEO, Dr. Ralf Speth.
"Jaguar Land Rover's news that it's awarding £2 billion worth of contracts to businesses in the UK to supply components for the Evoque shows that the UK automotive supply chain is capable of winning major contracts and creating vital jobs in the UK," explains Business Secretary Vince Cable.
In addition to component supply, many other companies in the UK will provide facilities and services to support the production of the new Range Rover. Among the 40+ companies we would mention interior components supplier International Automotive Components (IAC), Magna International and technical injection moulders McKechnie Plastic Components (MPC), who are developing complex plastic components.