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Jaguar's very first all-electric race car is hitting the tracks in October

Danielle Muoio   

Jaguar's very first all-electric race car is hitting the tracks in October
Finance1 min read

jaguar electric race car

Jaguar

Jaguar's all-electric race car.

Jaguar racing is going electric.

The British car manufacturer is known for its prowess with racing, having won seven of the Le Mans 24-hour race, placing it fourth as the automaker with most wins. Now Jaguar is going electric with its I-Type 1 that will debut at Formula E, a class of racing for electric vehicles, in October.

The I-Type 1 is Jaguar's very first all-electric race car that was made with Panasonic, a battery supplier for Tesla. The race car has completed 21 days of testing, but there's no word yet on the race car's specs.

There are a few electric race cars worth keeping an eye on at Formula E this year, including one being developed by electric car start-up Faraday Future:

faraday future electric race car design

Faraday Future

Faraday Future partnered with American auto racing team Dragon Racing to design the electric race car for the event.

NOW WATCH: Here's the stunning electric car Porsche is making to take on Tesla

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