Jaguar C-X75 electric-hybrid supercar cancelled

Jaguar had proudly announced some time ago that they were going to put their Jaguar C-X75 supercar concept into limited production. It turns out they’ve changed their mind.

Autocar reports that Jaguar is cancelling their US$ 1.5 million C-X75 electric-hybrid supercar because of economic troubles in Europe. That is a good reason, but some may argue that they could’ve sold it in the Middle East anyway. Actually, with specs like a 1.6-litre engine mated to two electric motors, no self-respecting millionaire would buy one for bragging rights, no matter how much power the turbo-supercharged drivetrain was supposed to make. It’s the same thing that killed the V6-powered XJ220.

The concept was first shown in 2010. Five working prototypes will continue to be developed until next summer, with three possibly going to auctions, one going to a future Jaguar museum and the last one used for publicity stunts.

In other news, the proposed Jaguar crossover 4×4 might still be happening.