00:00I'm Nigel Blenkinsop, we're in Final Assembly 3 at our Solihull Manufacturing Facility
00:04and I'm the Chief Operations Officer for JLR.
00:08So we're in our Solihull Manufacturing Centre in the West Midlands
00:12and we're really, really excited to be revealing the new Range Rover Electric Vehicle.
00:16Well, today we're in Final Assembly 3 at our Solihull Manufacturing Plant
00:20and it's a really exciting day for all of our employees here as we reveal the new Range Rover Electric.
00:26It's a really, really important product in the portfolio and we're very excited to take it to the market.
00:31It was really important to build the new Range Rover Electric here in Solihull in the UK
00:35because this is the home of Range Rover.
00:37We've got the expertise and the capability to deliver the industrialisation
00:41and the complexity of the product that's being implemented in this production facility
00:45and also the facility in Wolverhampton, which is the Electric Proportion Manufacturing Centre.
00:50Well, today's the end of a four-year journey in the development of the new Range Rover Electric.
00:57It's a really, really important day for the 10,500 employees here in Solihull
01:01and the wider employees in the West Midlands
01:04because it brings to fruition a long training, development and industrialisation process
01:09and we're super excited to bring the new product to the market.
01:13A flexible propulsion strategy is really, really important.
01:16Right now, we're not sure on the rate and change of demand from across our global customers and markets
01:23so it's really, really important that we can adjust and flex with the propulsion strategy that we've adopted
01:28to be able to supply the right products at the right rate to our customers.
01:33Range Rover is a really, really important product in the JLR portfolio
01:37but also for the British economy.
01:39We employ thousands of suppliers who support the delivery of products and components into the Range Rover
01:45and we're buying probably 50% to 60% of those components from UK suppliers and Europe.
01:52It drives huge value creation for the British economy.
01:56Well, today is a super exciting point in the journey of electrification for the JLR portfolio.
02:03It's the end of a four-year development journey
02:06but the start of a fantastic industrialisation and production journey for the new product.
02:10It is a little bit unusual to build the complexity of propulsion in one production system.
02:16However, to be able to manage the high expense of industrialisation,
02:21we've managed to integrate all of that complexity into one line
02:25and with the just-in-time delivery from our electric propulsion manufacturing centre in Wolverhampton,
02:30incorporate the new major units, which are battery, electric drive unit
02:35and battery energy management systems, delivered in sequence to this production facility
02:39and built back down the same line with the same employees who build the other Range Rovers.
02:44Range Rovers are hugely value creative products to the UK economy and to British industry.
02:52We source over 60% of our components from UK and European suppliers
02:57and it drives employment across a huge network of suppliers, over 2,000 suppliers,
03:03supplying components into this factory to build these amazing cars.