Many auto companies have devoted huge investments to design hybrid cars (such as the Toyota Prius) and electric cars (such as the Chevrolet Volt). Although several of these cars have made it to market, others have been abandoned without making it to the showroom. The latter is the case in an attempt to build an upscale Jaguar hybrid car.

As Peter Valdes-Dapena reports for CNNMoney: “If you were looking forward to buying one of those C-X75 hybrid supercars Jaguar had planned to produce, we have bad news for you. The British luxury car maker has changed its mind and says it will not build it after all. ‘After a thorough re-assessment of near-term market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar Global Brand Director, in a company announcement. Jaguar has been flip-flopping on whether or not to produce the vehicle since it was first unveiled as a concept car at the 2010 Paris Motor Show. The concept had four electric motors, one at each wheel, which could produce up to 195 horsepower each. Additional power was provided by tiny jet-like turbine engines bringing total output to 778 horsepower. Jaguar boasted of the car’s 205 mile per hour top speed. But the auto maker said, at the time, that it had no plans to produce it. The following year, however, Jaguar Land Rover did unveil a production version of the C-X75, this time with a ‘highly boosted’ four-cylinder engine. The production car would have been capable of going from zero to 60 miles per hour in less than three seconds, the car maker said. The C-X75 was to cost between $1.1 million to $1.5 million. Only 250 were to have been built.”

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Photo from Jaguar

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