The Jaguar C-X75 unveiled at the 2010 Paris Motorshow was to be a new breed of a hybrid supercar. But the company revealed today that it has killed the eco-conscious exotic, saying it didn't make financial sense. With a target of nearly 900 hp from four electric motors at each wheel and a 500-hp turbo 1.6-liter engine, the car was to hit the streets in 2014 for a price tag close to $1.5 million.
Brand Director Adrian Hallmark cited the lagging economic recovery as reason for the C-X75's demise. "When we look at the global environment and the austerity and the difficulties being faced out there, to bring to market an £800,000-£1 million supercar just feels wrong," Hallmark told Autocar.
The C-X75's exorbitant price may have been beyond the reach of mere mortals, but its cutting-edge technology was just as awe-inspiring. Jaguar teamed up with Formula 1 builder Williams to develop a carbon-fiber chassis, and the electric motor produced 295 ft-lbs of torque in spite of its diminutive size (as big as a single engine cylinder), and weighing just 50 pounds. The combined output of 888 hp and 590 ft-lbs of torque was good for a Veyron-beating 0-60 mph time of 2.8 seconds and a top speed of over 200 mph. And with an all-electric range of 60 miles, it could have handled a typical morning commute without burning any fuel.
The death of the electric-gasoline Jaguar leaves only the Porsche 918 Spyder and the upcoming Ferrari Enzo replacement to carry the hybrid supercar torch, but Jaguar says about 60 percent of the weight-saving and hybrid technology will be incorporated into its future products. The company will sell two of its working prototypes to private collectors — with a price tag sure to be another shocker.