The I-PACE is a preview of Jaguar's electric, five-seat production car coming in 2018. That production car will be Jaguar's first ever battery-powered vehicle. The brand new red I-PACE will debut at the Geneva Motor Show that kicks off March 9.
The car features a "cab-forward design." Jaguar was able to execute this design because the car doesn't need an engine upfront.
Jaguar said in a statement that taking a cab-forward design approach frees up room in the interior to make it more spacious.
That design approach is why some will see the I-PACE as more of a crossover SUV. It has a compact body and is fairly low to the ground for an SUV, but it still seats five while offering plenty of cargo space.
The Jaguar I-PACE has the same suspension system as the F-PACE, which Business Insider's Matt DeBord called "the most beautiful SUV on planet Earth" in 2015.
Jaguar has admitted the design it chose is unique in that sense. "The I-PACE Concept is, however, something altogether new: not a traditional sports car, saloon or SUV and absolutely not a traditional Jaguar," the automaker wrote in a press statement.
The car comes with a 90 kWh battery pack that powers two, 200 hp electric motors sitting over each axle.
Jaguar claims the car has a range of 220 miles, allowing it to compete most closely with the Model X 75D that offers 237 miles of range and starts at $85,500.
There's no word on how much the Jaguar electric SUV will cost yet, so it's hard to really compare it to the competition just yet. But Joe Eberhardt, CEO of Jaguar Land Rover North America, said in a Business Insider interview it will be comparable to luxury offerings from brands like Porsche.
As Business Insider's Benjamin Zhang pointed out, that means you're looking at an asking price north of $50,000, which, again, not to beat a dead horse, really places it as a competitor with the luxury Model X in both offerings and price.
