#GIMS: Jaguar Confirms EV I-Pace SUV To Undercut Tesla's Model X By Over $10,000

After launching its first all-electric car, the I-Pace, last week, Jaguar now confirms US pricing for the new vehicle.
The British automaker announced that the vehicle will start at $69,500 in the U.S.
We also priced a fully equipped I-Pace and it brings the price to just over $98,000.
In the US, Jaguar is now also referring to the range of the I-Pace as “an estimated 240 miles.”
The company also announced more investments in EV infrastructure in the US with the release of US pricing today.

Read Article

TomM - 3/7/2018 6:25:23 PM

0 Boost

Virtually EVERYONE in this group has been predicting that TESLA would be in Jeopardy once Competition arrives - and the longer the delay in production of the Model 3 - the less viable Tesla becomes.

WE now have real competition on the door step - from REAL bonafide PREMIUM manufacturers(So far Porsche and Jaguar- etal ) who actually know how to mass produce product. WE expect even more in the next year. Meanwhile - Tesla still had not yet produced at half the rate that was projected.

With competition comes several things - Price Comparison (Where Tesla has a single no change price but surely the others will not do that) - Convenience Comparison - competitors have a far greater number of sales outlets (Hell - even YUGO had more) and Prestige comparison (Tesla is not a premium manufacturer - and is trying to move DOWN rather than up)

Add in a real problem getting Lithium around the world - and you get real problems for Tesla starting to come together.

CANADIANCOMMENTS - 3/7/2018 9:45:13 PM

+2 Boost

If it is not in the same segment at the Model X, there is no point in comparing it. It is sized like a Model 3 Wagon if there were such a thing. $69k-$98k is huge dough, but this is a premium EV. I disagree with Tom in that Tesla's are a premium offering and you won't see too many $35k Model 3 sedans. Most will be $50-$75K USD. 20%-30% More than that in Canada. Now if we could only see the price of oil/gasoline drop as more of these EV's comes to market.