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Jaguar Pauses UK Sales Until 2026 Amid Shift To Electric Vehicles

For the first time since WWII, Jaguar, the carmaker famously favoured by British Prime Ministers and royals, has halted new car sales in the UK. As reported by Bloomberg, this suspension will remain until 2026, when Jaguar plans to relaunch with a fully electric, high-end lineup.

Key Details

  • Temporary Stop Until EV Transition: Jaguar’s UK sales will be suspended until the launch of its upcoming all-electric models.
  • Production Shift: Jaguar Land Rover (JLR), owned by Tata Motors Ltd., will halt the assembly of its E-Pace and I-Pace models in Austria starting in December, with the remaining output redirected to markets outside the UK.
  • No New Jaguars for Britain: This marks the first absence of new Jaguars in the UK market since WWII. Production of the XE, XF sedans, and F-Type sports cars ended earlier this year, with only the F-Pace SUV continuing for export until early 2026.

Jaguar Land Rover announced plans in early 2021 to transition Jaguar into a fully electric brand following former Prime Minister Boris Johnson’s goal to end new petrol and diesel car sales by 2030. However, the shift to electric has proven challenging for the company and UK carmakers more broadly.

The UK’s zero-emission vehicle mandate, which came into effect this year, requires 22% of all new cars sold by each automaker to be zero-emission. Despite this, only 18% of new UK registrations as of October were battery-electric, leaving many manufacturers short of the target. Some, like Jaguar, are expected to purchase regulatory credits from high-performers such as Tesla to meet compliance.

Jaguar’s need for reinvention has been evident, with management signalling an overhaul is imminent. The brand will offer a preview of its new luxury electric lineup on December 2, during Miami Art Week. The launch of these models is anticipated by mid-2026, a delay from initial timelines, marking a major milestone in Jaguar’s journey toward an all-electric future.

Bitcoin Surges 23% In A Week As Investor Optimism Returns

Bitcoin was on track for a weekly gain of around 23% on Friday as a series of positive macroeconomic and policy developments boosted investor sentiment.

The cryptocurrency was trading about 6% higher at roughly $77,000, up from around $62,800 at the start of the week. Crypto-related stocks also rallied, with Coinbase and Circle gaining more than 9%, while Strategy rose 7%.

Macro Factors Fuel Rally

Bitcoin’s latest surge began Wednesday after Treasury yields fell sharply following a major intervention by the U.S. Treasury in the bond market. Lower yields eased pressure on risk assets and helped trigger a broader move into cryptocurrencies.

The rally was further amplified by a major short squeeze. Around $2.7 billion in crypto short positions were liquidated, according to CoinGlass.

Max Stuedlein, head of Partnerships at Sygnum APAC, said the move reflected an alignment of macroeconomic and policy catalysts, including the Treasury’s decision to increase buybacks of longer-dated government debt.

Clarity Act Boosts Sentiment

Investor confidence improved further on Thursday as the White House and crypto industry leaders made a final push to advance the Clarity Act in the coming weeks.

The legislation is widely viewed as a potential catalyst for the crypto market, although its chances of passing remain relatively limited.

Despite the rally, bitcoin remains well below its 2026 high of $94,820 reached in January and its all-time high of $126,198, set last October.

Analysts See More Volatility Ahead

Lucy Gazmararian, founder and managing partner at Token Bay Capital, said the crypto market may be approaching the end of its bear cycle.

She expects bitcoin could experience one more decline of around 20% before the market turns, pointing to historical cycles and the recent liquidation of heavily leveraged short positions.

Gazmararian also described bitcoin as a long-term hedge against monetary debasement, while warning that its short-term price remains highly volatile and driven by market cycles.

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