Jaguar Unveils All-Electric Type 01 Grand Tourer with Impressive Specs and Price Tag
Jaguar's new all-electric model, the Type 01 Grand Tourer, boasts electric motors producing 1000 horsepower, accelerating from 0-62mph in 3.2 seconds.

Jaguar's new direction has finally been unveiled, but it hasn't been without controversy. Two years ago, the brand sparked outrage with a teaser ad that was widely ridiculed as "woke and its concept car was mocked for its bright pink colour.
The company is hoping to put those controversies behind it with the launch of its first all-electric model, the Type 01 Grand Tourer. This imposing four-door vehicle has been designed to evoke the classic lines of Jaguar's iconic 1960s E-Type, but with a modern twist.
The car itself is a powerhouse, boasting electric motors that produce a staggering 1000 horsepower and allowing it to accelerate from 0-62mph in just 3.2 seconds. However, its price tag is equally impressive - the minimum cost of £130,000 may be out of reach for many potential buyers.
The unveiling of Jaguar's new identity in 2024 sparked a mix of reactions, from confusion to outrage. The company's decision to introduce its new logo without any cars on display left many wondering what to expect from the brand's future direction.
Gerry McGovern, Jaguar's denim-clad design chief, took centre stage two weeks later at a Miami event to showcase a pair of radical concept cars in bold colour schemes. However, his attempt to rebrand Jaguar as a luxury all-electric marque fell flat with critics who accused the company of abandoning its heritage.
The backlash was swift and intense, with many questioning the wisdom of choosing such vibrant colours for the launch. The Barbie pink moniker given to Miami Pink sparked heated debates on social media, further fuelling the culture wars that erupted around it.
Jaguar's struggles in recent years are well-documented. Once a symbol of British cool, the brand had lost its appeal and struggled to sell upmarket models to discerning buyers who preferred established luxury brands like Audi and BMW.
The company's £15bn investment plan unveiled in 2023 aimed to revamp its image and drive growth through new models and technologies. Whether this bold strategy will pay off remains to be seen, but for now, the reception has been far from welcoming.
The controversy surrounding Jaguar's rebranding efforts may have been a blessing in disguise for the company. Despite the negative reaction, Matthias Schmidt of Schmidt Automotive Research believes that the woke" row kept the Jaguar name in the public consciousness at a time when sales were dwindling.
Jaguar's production numbers had already begun to decline before the rebranding fiasco, with old models being wound down in 2024 and 2025. The controversy may have been uncomfortable for the company's leadership, but it did manage to shift attention towards Jaguar from a crowded international market.
The new electric GT is expected to be the first of three new designs from Jaguar, marking a significant departure from its previous offerings. Automotive journalist Steve Fowler believes that this move may be a last-ditch effort by JLR to revitalize the brand and turn it into a profitable venture.
Jaguar's future still hangs in the balance as the company continues to navigate the challenges of the electric vehicle market. With a new chief executive at the helm, JLR is pinning its hopes on the GT being a game-changer for the brand.
Jaguar's new electric GT has been met with both criticism and admiration since its unveiling.
The car's high price point of £130,000 may also deter potential buyers, especially in a market where they can choose from other luxury brands like Porsche and Mercedes-AMG.
Industry experts believe the car's quality is sufficient to silence critics who initially dismissed it as a novelty.
Facts based on reporting originally published by BBC News Business.
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