New Jaguar electric car unveiled

Jaguar has unveiled its new electric vehicle concept car, the I-Pace Concept, which it says has the practicality of an SUV and the performance of a sports car.

It’s the luxury marque’s first all-electric vehicle and Jaguar says it can travel for more than 310 miles on one charge. That would mean the average motorist would only need to recharge the vehicle once a week. Jaguar visualises the I-Pace Concept being used as an owner’s main car rather than one driven alongside a conventionally powered vehicle.

The entry of Jaguar into the electric car market is further proof that alternatively powered vehicles are starting to make real inroads into the general market. A number of recent reports have pointed to increasing sales of electric vehicles and it’s likely that there will soon be more available in the used car market. If you plan to sell electric vehicles, make sure you have the right motor trade insurance coverage, as they will push up the value of the stock on your forecourt.

The I-Pace Concept was created from a design brief for a performance electric vehicle able to seat five people.

Ian Callum, Jaguar’s director of design, said: "The I-Pace Concept is a radical departure for electric vehicles. It represents the next generation of battery electric vehicle design.

"It’s a dramatic, future-facing design – the product of authentic Jaguar DNA matched with beautiful, premium details and British craftsmanship.

"This isn’t just a concept. It is a preview of a five-seat production car that will be on the road in 2018. This will be Jaguar’s first-ever battery-powered electric vehicle and opens a new chapter in the history of our legendary brand."