British luxury brand Jaguar will cancel production plans of the Jaguar C-X75 hybrid supercar. In the context of the global economic landscape, the company thinks this is not the right time to produce a vehicle that could push upwards of $1.5 million.
The concept received much applause for its design and technology, when it debuted at the 2010 Paris Motor Show. If it were to be launched, it would have faced tough competition from three forthcoming hybrid supercars: the new Ferrari Enzo, the McLaren P1 and the Porsche 918.
The original version was introduced with 4 electric motors and 2 gas micro-turbines to power it. The vehicle boasts a power output of 778 hp. Jaguar revised the model in 2011 by replacing the turbines with a more conventional turbocharged & supercharged 1.6-litre gasoline engine and 2 electric motors.
The system could have generated an awe-inspiring output of 888 horsepower and 590 lb-ft torque. The car had an acceleration that was expected to sprint 0 to 60 mph in 2.8 seconds with a maximum speed of 200 mph. Jaguar entered a partnership with the Williams Formula 1 team to develop the C-X75?s carbon fiber chassis, hybrid technology and the aerodynamics.
Out of the five prototypes, three will be sold at auction. They plan to keep one in Jaguar’s museum and the other will be used as a demonstrator.