Jaguar unveils £130k electric Type 01, first new model in eight years

Jaguar revealed its first new model in eight years, the Type 01, an all-electric vehicle priced at £130,000, with sales starting in 2027. This marks the culmination of a controversial restructuring toward an exclusively electric lineup. The move is a significant bet on the luxury EV segment, but its market impact is uncertain given the brand's recent struggles.