# Manufacturing Investment

Rebirth of a Legend: Chery Jaguar Land Rover Abandons Fossil Fuels for $4 Billion China EV Pivot

Chery Jaguar Land Rover has officially ceased production of internal combustion engine vehicles in China, transitioning its operations entirely toward New Energy Vehicles. Supported by a 30 billion RMB investment, the joint venture is relaunching the 'Freelander' brand to lead its charge into the electric and hybrid luxury market.