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Jaguar Teases Electric F-Type As CEO Says Company Isn't For Sale

Jaguar Land Rover has teased and electric F-Type, as well as a similar XJ with a V6 variant to follow sometime after.

The company recently revealed a bunch of details over its upcoming lineup. And, during a presentation earlier this month, they disclosed that their new Modular Longitudinal Architecture will be launched on a "large SUV and a large premium sedan". While they did not go into details, the models are rumored to be the next-gen Range Rover and the Jaguar XJ.

According to an unconfirmed report by Automotive News, the next XJ will come in the form of an electric vehicle. But JLR's presentation did confirm that there will be mild-hybrid, plug-in hybrid and electric models to their inbound X-Series.

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via carscoops.com

It was also revealed that the electric vehicles based on the MLA platform will be strapped with a 90.2 kWh battery pack able to power them for up to 292 miles before needing a recharge. The plug-in hybrid variants based on the architecture will contain a 13.1 kWh battery and an electric range of 31 miles.

Meanwhile, the F-Type will have a mild-hybrid and a fueled powertrain, with JLR admitting that a question mark near the EV logo is a possibility.

JLR is currently struggling amid a difficult financial period. However, CEO Dr. Ralph Speth says that the company is not for sale, as has been rumored.

“Today it’s very simple. Jaguar Land Rover is not for sale,” he told Auto Express in an interview. “We are owned by TATA of India. This is the way things will stay. TATA – with Jaguar and Land Rover – is a leader, producing leading products that have won a total of six World Car Awards in the last three years.”

The company has been operating at a lower profit as of late, with interest in their diesel vehicles dwindling, while Brexit hits and poor sales in China also factors in heavy losses last year.

It had been reported that JLR could be sold, but owner Ratan Tata claimed that the stories were false. Speth has since backed that up with his claims, also adding that the likes of Peugeot-Citroen and FCA have been in similar situations before and that JLR could have purchased them if they wanted to.

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