Jaguar’s new electric car is a high-stakes bet on a whole new aesthetic
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Jaguar’s new electric car is a high-stakes bet on a whole new aesthetic

CNN • • business

Key Points:

  • Jaguar has launched the Type 01, its first vehicle since a controversial rebrand, marking a shift from its heritage-heavy image to a fully electric, aerodynamic grand tourer aimed at the luxury market.
  • The rebrand and launch have sparked backlash from traditionalists and critics who accuse the company of abandoning its legacy and embracing a "woke" agenda, intensified by a promotional video featuring no cars but a diverse cast.
  • Priced from £130,000 ($172,000) and set for release in early 2027, the Type 01 is a large, minimalist design targeting elite buyers, particularly in the US, but its size and style have raised concerns about practicality and appeal in the UK market.
  • Industry experts view the launch as a high-risk gamble for Jaguar, with the rebrand discarding much of the brand's historic identity and placing pressure on the company to succeed in the competitive electric luxury car segment.
  • The Type 01 represents a critical moment for Jaguar's survival, as the company must prove it can sell a high-priced electric vehicle while winning over both new customers and longtime fans.

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