Jaguar held an event in New York on Tuesday to unveil the Type 01 model, calling it the “most advanced technology, the most powerful, and the best aerodynamic performance” in Jaguar history. According to several media reports, the Jaguar Type 01 starts at £130,000 in the UK and about US$130,500 in the US market, which is far higher than previous models in the same class. This four-door luxury touring coupe has an extra-long hood, a low roof, frameless doors, and a camera to replace the rear window. The range is up to 450 miles, and acceleration from 0 to 62 mph takes only 3.2 seconds. Jaguar Land Rover CEO PB Balaji said that the release of the Type 01 ushered in an “exciting new era” for Jaguar. Balaji said in a statement: “It combines British brand heritage, bold creativity, cutting-edge technology and groundbreaking engineering design, and carries our vision of creating desirable products to help attract a new generation of customers and join Jaguar's loyal and passionate user base.”

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