Jaguar Land Rover has unveiled its latest offering in the electric vehicle (EV) market with the launch of a four-door GT EV. The ultraluxury GT will be the first of three luxury electric cars and will be manufactured in Solihull in the UK. The carmaker boasts that the GT will have more power output than any previous Jaguar, but has not yet disclosed the details of the powertrain. According to Professor Gerry McGovern, OBE, the design of the new vehicle is the result of a radical reimagination of Jaguar as a modern luxury brand. The company’s goal is to convey that the designs are a copy of nothing, and this is reflected in the sleek, modern design of the GT.
The EV GT will have a range of up to 430 miles (700 km) and will be built on a new platform called Jaguar Electrified Architecture (JEA). This platform will be used for future electric Jaguar models, as the carmaker has announced that it will only sell EVs after 2025, investing £1 billion into JEA. The price tag of the new GT will start at a hefty £100,000 ($124,200), making it an expensive option for luxury car buyers. However, the carmaker hopes to attract a niche market of affluent buyers who are looking for a high-performance EV.
Indicative pricing
Jaguar has announced an “indicative pricing” of approximately £100,000 for their upcoming four-door GT EV, which is equivalent to around $124,000 at current exchange rates. However, this pricing may be subject to change closer to the launch date in 2024, and deliveries are not scheduled to begin until 2025. The ultraluxury GT will be manufactured at Jaguar Land Rover’s Solihull factory in the United Kingdom and is expected to make its debut later this year. With its impressive power output and range of up to 430 miles, the GT is set to be one of the most powerful and advanced electric vehicles on the market.
Zero emissions
Jaguar Land Rover has set its sights on reaching net zero by 2039, and as part of this goal, it plans to spend £15 billion over the next five years to electrify its Jaguar, Land Rover, and Range Rover brands. The investment will also be put toward electrifying the company’s industrial footprint, retraining its workforce, and developing its autonomous, AI, and digital technologies. Halewood in Merseyside will become the company’s first all-electric car plant, and a fully electric Range Rover will be available to order later this year. Jaguar has promised to release more details of the 4-door GT later this year, and it will go on sale in selected markets in 2024, with client deliveries starting in 2025.
As carmakers move towards the production of electric vehicles (EVs), it is crucial that they equip their workers with the necessary skills to build and maintain these new types of vehicles. This shift also raises concerns that the reduction in the number of moving parts in EVs could lead to a decline in well-paid manufacturing jobs in the auto industry, particularly in engine and transmission plants.
End of sports car model
Last year the automaker stated, Jaguar’s F-Type sports car will be discontinued after the 2024 model year, as the company shifts its focus to electric vehicles. To mark the end of the F-Type’s production run, a 75th-anniversary model has been released in Europe. Jaguar confirmed that the final F-Type model will also be available only in Europe, with a final edition for the U.S. market likely to be announced later. The F-Type, which made its debut in 2014 as a convertible, was later offered as a coupe with supercharged V-6 and V-8 engines, as well as a turbocharged four-cylinder engine. The current lineup is powered by a V-8 engine with automatic transmission, with the supercharged 5.0-liter V-8 available in two states of tune. Prices for the F-Type range from $74,675 for the P450 coupe to $112,475 for the R convertible.
