Jaguar on Friday said it would build the C-X75 hybrid combining internal combustion power with electric motors “to achieve supercar performance” while emitting less than 99g/km of CO2 as part of a GBP5bn investment in Jaguar Land Rover by Indian owner Tata Motors.
The four wheel drive model would accelerate from rest to 60mph in less than three seconds, on to 100mph in under six seconds and have a top speed beyong 200mph. Plus an all-electric running range of about 30 miles (50km).
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The lightweight model on an all carbon-fibre chassis will be built in the UK in association with the Williams F1 team in what Jaguar described as “irect technology transfer from top-level motorsport”.
The car will be priced from GBP700,000 and only 250 will be built.
Adrian Hallmark, Jaguar brand director, said: “The C-X75 received an incredible reception as a concept car. We’ve been building on that momentum and there is a clear business case for this exclusive halo model. No other vehicle will better signify Jaguar’s renewed confidence and excellence in technological innovation than this.”
Williams will provide expertise in aerodynamics, carbon composite manufacture and hybrid technologies. Production of the new car is expected to create about 100 “highly-skilled” jobs in the UK.
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By GlobalDataThe car’s launch is part of a GBP5bn investment plan, announced by Jaguar Land Rover (JLR) in March at the Geneva motor show, to launch 40 “significant new products” over the next five years.
John Leech, partner at KPMG’s automotive practice said: “Tata’s announced GBP5bn investment in JLR is very pleasing news for the motor industry, manufacturing in general and the UK economy. This is a ‘full’ investment that will set JLR up for years to come. It shows that Tata has faith that JLR can be a leading global carmaker and underscores that with the right product and right brand, the UK is a successful location for manufacturing.”
“Although the prospects are for low growth in the western car markets, Asian car markets will continue to see double digit growth for years to come and it is this opportunity that Tata has its eye on. Credit must go to JLR’s management team which has done a great job of turning itself around during the recession.”
