Jaguar has confirmed that it will launch its C-X75 concept car as an exclusive hybrid supercar after agreeing a technical tie-up with the Williams F1 team.

The C-X75 will instantly become the British marque's most advanced model to date, offering performance on a par with the fastest production cars on the market, while adopting cutting-edge technology that offers remarkably economical running. Jaguar also expects the hybrid machine to deliver incredibly low CO2 emissions of less than 99g/km while being able to achieve in excess of 200mph, after agreeing to develop it in association with Williams, which will provide its engineering expertise in areas including aerodynamics, carbon composite manufacture and hybrid technologies.

"People expect Jaguar to be innovators - that is when Jaguar is at its best," brand director Adrian Hallmark commented, "The C-X75 received an incredible reception as a concept car. We've been building on that momentum and there is a clear business case for this exclusive halo model. No other vehicle will better signify Jaguar's renewed confidence and excellence in technological innovation than this."

Williams F1 has been at the forefront of motorsport engineering for three decades and, even as its F1 squad struggles in 2011, the C-X75 engagement is testament to the team's ambitions.

"Our new association with Jaguar Land Rover provides us with an exciting opportunity to work with one of the motoring world's most famous and iconic brands," admitted team principal Sir Frank Williams, "Williams has always considered itself an engineering company and so this project will allow us to combine our technical expertise to create something truly exceptional."

Project C-X75 will be the ultimate expression of Jaguar design and engineering innovation. This high-performance hybrid supercar will stay true to the initial concept design study that made its debut at the 2010 Paris motor show, while fulfilling requirements that allow it to be homologated for road use.

"We were always determined that the Jaguar C-X75 would be as striking on the road as it was in concept form," director of design Ian Callum explained, "This will be the finest looking and most innovative Jaguar ever produced. Even in the world of supercars, we can still produce the most beautiful."

The car also marks a new milestone in the histories of both Jaguar Land Rover and Williams F1, as they collaborate for the first time to produce one of the world's highest performance and environmentally sustainable supercars. The production of Jaguar C-X75 will also create more than one hundred highly-skilled jobs in the UK.

"Confirmation of this project today signposts Jaguar Land Rover's continued determination to embrace new technologies," said CEO Dr Ralf Speth, "A supercar like the C-X75 is the logical choice to showcase cutting-edge design, intelligent use of new environmental technologies and motorsport-inspired performance."

A direct technology transfer between elite motorsport and road-going production cars is key to C-X75's success. The supercar's chassis will be made of carbon-fibre to create an incredibly lightweight, yet rigidly strong structure. Aiding the transition from concept to production vehicle is the choice of powertrain. Jaguar continues to develop the use of the micro-turbine technology that was showcased in the original concept C-X75. Jaguar's parent company Tata has taken a significant stake in Bladon Jets, and will develop this very advanced technology as a medium-term aspiration that will play a part in Jaguars of the future.

To bring Project C-X75 to showroom reality within the timescales of a conventional model programme, an equally innovative powertrain had to be developed. The road-going supercar will use a state-of-the-art, small-capacity, highly-boosted internal combustion engine with one powerful electric motor at each axle. When C-X75's motors and combustion engine combine, it will be one of the fastest production cars in the world, with a sub-three second 0-60mph time and a top speed in excess of 200mph. Crucially, this performance will be generated alongside incredibly low emissions, with a target of less than 99g/km CO2, thanks to Project C-X75's lightweight construction and cutting-edge powertrain technology.

"The engine's compact size allows it to be mounted low in the car for optimum weight distribution and to retain the concept's stunning silhouette," explained group engineering director Bob Joyce, "This will make the Jaguar C-X75 a bona fide hybrid supercar capable of silent electric running with an extensive EV range in excess of 50km,"

Jaguar C-X75 will redefine the customer experience, and will set new standards in sales and after-sales services that will be recreated across the range in the future. Only 250 examples will be built, each costing between ?700,000-?900,000 depending on market and local taxes.

In a week full of news for the Williams team - including a significant personnel reshuffle at the heart of its struggling F1 operation [HERE], parent group Williams Grand Prix Holdings PLC has revealed that it will announce Williams Grand Prix Engineering Limited's full year annual results for the twelve months ended 31 December 2010 next week. The group subsidiary designs and manufactures Williams' F1 race cars and runs the AT&T Williams' entries in each grand prix and will have its figures released during an analyst teleconference at 10am on Tuesday 10 May.

There was some good news for a squad that saw several high-profile backers disappear over the winter, as it announced that Interbrand, the world's leading brand consultancy, would become an official partner. The association will see Interbrand engage its expertise to enhance the Williams brand and use the team's profile to broaden its scope within merchandising and licensing. Interbrand will also work with the team on other marketing projects and conduct a research programme into the power of sponsorship and its link to brand value creation.

"F1 is a hot-bed for innovation," global CEO Jez Frampton noted, "AT&T Williams live that spirit in every aspect of their business so the partnership felt natural from the start. We look forward to teaming up with them to explore the future potential for their brand in one of the most highly-prized global sponsorship arenas."

"As a leading F1 team, we are the custodians of some of the world's leading brands when they entrust us to display their logos on our cars, so it is therefore appropriate that we pay the same care and attention to our own brand," Williams added, "We are delighted to welcome Interbrand to the team and I am certain that they will improve our already high standards of marketing."

The F1 team also revealed that it was on the verge of increasing its interaction with fans through a host of new social media features.

The team and its drivers, Rubens Barrichello and Pastor Maldonado will continue to provide behind the scenes information and updates from both the race track and factory in Grove via Twitter, while the team will also now be running competitions via the site for all its followers to enter. It has also launched an official Facebook page where it will be posting behind the scenes video content, images and the latest news, as well as live updates from home and abroad. The official team website is also connected to Facebook.

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