New Jaguar Land Rover Limited I-Pace May Pose Threat To Tesla Motors Inc. (NASDAQ:TSLA)

November 18, 2016 - By Ruchi Gupta   ·   0 Comments

Jaguar to rival Tesla with new I-Pace series vehicle, a high-performance electric vehicle, which is expected to hit the roads sometime in 2018. Tesla Motors Inc. (NASDAQ:TSLA) has seemingly run somewhat of a monopoly when it comes to high-performance electric vehicles. However, this may change with the new Jaguar model.

Not only is I-Pace anointed a high-performance sports car, it is also recognized as an SUV with smart technologies. Those that appreciate high-performance quality vehicles are highly anticipating the release of the i-Pace jaguar, which may just steal a sizeable market segment from Tesla’s own range of vehicles.

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More details of i-Pace which may cause Jaguar to rival Tesla

Recently, Jaguar launched its I-Pace model vehicle in Los Angeles. Throughout the debut, they referred to the I-Pace as a prototype battery-powered SUV. Allegedly reported from the tests on the vehicle, the car will be capable of going from 0-60 mph in less than four seconds. Jaguar to rival Tesla is going to be a real threat for the tech giant when this car is officially unveiled.

This result in performance is astonishing considering not only is it an SUV vehicle, but it also is battery powered. Officials of Jaguar state that this is a performance vehicle, unlike any other that the company has ever developed.

According to people familiar with the matter, the vehicle will be approximately the same size as the Porsche Macan. Currently, however, until production starts the I-Pace is nothing more than a production vehicle.

Jaguar Expectations of the I-Pace

The designer director for Jaguar, Ian Callum stated, “There are a few little details here and there that you won’t see in production, but most people won’t notice much of a difference. It is really quite different from anything we have done before, or indeed anyone’s done before, really.”

Furthermore, the tests estimated that the vehicle would have a total range of over 500Km per charge. This far out exceeds the original Tesla electric performance vehicles. Making I-pace the vehicle that causes Jaguar to rival Tesla. However, critics claim that due to other features of the car the ‘real-world’ range should be around 230 miles.

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By Ruchi Gupta

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