JLR

Jaguar Land Rover and BMW join forces on electric cars

 The car giants said they would work together to develop electric motors, transmissions and power electronics.

Both firms have struggled to maintain profit margins amid falling car sales and higher costs as well as the need to invest in future technologies.

Car firms are being forced to make low emission vehicles to meet more stringent anti-pollution rules.

There have been a number of similar tie-ups aimed at sharing the costs of developing electric cars.