Range Rover’s first EV will beat its gas counterpart, but it may cost over $150,000

The upcoming all-electric Range Rover will feature a powertrain that outperforms its gasoline counterpart, according to JLR's chief growth officer, Lennard Hoornik. This new electric model is expected to launch in 2024, marking a significant step in Jaguar Land Rover's (JLR) electrification strategy. While specific performance metrics have not been fully disclosed, Hoornik indicated that the EV version will offer a superior driving experience. However, this advanced technology comes with a premium price tag, with estimates suggesting the Range Rover EV could exceed $150,000. This pricing places it at the higher end of the luxury SUV market, competing with other high-end electric vehicles and luxury gasoline SUVs. JLR aims to position the electric Range Rover as the "best" in its lineup, emphasizing luxury, capability, and advanced technology. The company has committed to electrifying its entire portfolio by 2030, with the Range Rover EV being a cornerstone of this transition. Further details regarding battery capacity, range, and charging capabilities are anticipated closer to the vehicle's official release.