Jaguar unveils Type 01 electric vehicle in New York launch

Jaguar launched its new Type 01 electric vehicle in New York on Tuesday night, according to the Guardian and Wired. The reveal comes after two years of rebrand efforts and a two-year period in which the British marque did not sell a new vehicle, Wired reported. [1][3]

The new luxury electric car is aimed at wealthy American buyers and tech industry drivers, the Guardian reported. Figures on power output vary across outlets, with irishtimes.com stating the vehicle has 1,030 horsepower, while MotorTrend put the power output at 1,016 horsepower. [1][2][5]

The Guardian reported that the vehicle starts at 130,000 pounds, or 172,000 dollars, which aligns with Edmunds reporting a starting price of 130,000 dollars. According to the Guardian, the car is more than 5.2 metres long, 2 metres wide, and has no rear window, making it too large to fit into a United Kingdom parking space. [1][7]

It took five years to design the vehicle, according to irishtimes.com, which describes the model as a production four-door coupe GT. The release marks the official unveiling of Jaguar's new electric direction following a viral rebrand campaign, Wired reported. [2][3]