Jaguar and Magna team up for new EVs
Job ad gives away Jaguar’s electric vehicle game plan with MagnaDetails of an all-new electric vehicle family under development by Jaguar Land Rover (JLR) have been given away in a job advertisement on the LinkedIn platform.
The job ad revealed that JLR will develop its all-new EV platform with Magna International and that the project will be called ‘Panthera’.
JLR’s Chief Financial Officer revealed the Panthera name in an earnings call with analysts earlier this month, and the LinkedIn ad backed it up.
The ad also suggested candidates would be able to work “closely with JLR, Jaguar and Magna” in an “outsourced engineering service relationship”.
The Panthera EV project is expected to enter production as a large SUV, followed by a sedan and a mid-size SUV to rival the Porsche Macan.
It isn’t the first time JLR and Magna International have worked together, with the Canadian-owned Magna building the World Car of the Year-winning Jaguar I-PACE in Graz, Austria, on Jaguar’s behalf.
The new Panthera platform is the reason Jaguar cancelled its multi-billion-dollar XJ EV at the last minute, with JLR CEO Theiry Bollore preferring to pull all of the car-maker’s EVs onto the same architecture.
The all-electric XJ and at least one other Jaguar EV would have taken the upcoming Range Rover and Range Rover Sport’s MLA EV platform and repurposed it for low-rider use.
In early 2021, Jaguar also reportedly cancelled plans for the J-PACE, a large electric SUV to rival the Audi Q7, BMW X7 and Mercedes-Benz GLS, also based on the MLA platform.
Originally, JLR’s EV plan called for not only the flagship Jaguar J-PACE SUV and XJ limo, but the battery-powered ‘Road Rover’ to be launched by 2021.
Unlike its Land Rover stablemate, Jaguar will switch to pure EV power in 2025, moving upmarket towards fellow British brand Bentley, after struggling to find sales momentum in the face of its German foes.
Panthera won’t be the only EV platform built by Magna either, with the company offering a ready-to-wear platform that is already locked in by US EV brand Fisker for its Ocean SUV, and at least two Chinese car-makers.
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