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Tuesday, May 10, 2011

Jaguar to build hybrid supercar in UK

Jaguar has unveiled plans to build a £700,000 ($1.15m) petrol-electric hybrid supercar in the UK called the C-X75.



It will build 250 cars in partnership with Formula 1 team Williams F1.



The move is part of a £5bn 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.



Carl-Peter Forster is the CEO of Tata Motors, the company which owns JLR. He told the BBC that the car is at the "cutting edge of automotive technology".