Design studio of Ian Callum will be responsible

The firm did have plans to launch the production version of the Jaguar C-X75, but they were canceled. The project is backed by the Swiss-based Hungarian entrepreneur, and the design studio of Ian Callum will be responsible for its design. Ian Callum is an Ex-Jaguar designer responsible for C-X75. Named Kincsem, the car will cost several million.

The car would have a carbon fiber monocoque chassis and the engine will be able to rev to around 12,000rpm. The engine’s power output has not been revealed, but it’s supposed to be in excess of 296bhp; the combined power output will be more than that. There will be four electric motors and the power will be produced by a small petrol engine. There hasn’t been any official announcement regarding the output of four motors, but you can expect supercar performance.

The vehicle is set to kick start the Hungarian super-luxury EV brand. The startup plans to launch a series of SUVs, more likely to compete with the Rolls-Royce Cullinan. The project initiator, Tibor Bak said that they aim to bring these vehicles to the market by 2023.

A full-sized clay model will be created to conclude the exterior details and shape of the vehicle. The first look of the prototype is expected to be seen as the 2024 Goodwood Festival of Speed. A total of 52 production cars (referring to racehorse’s wins) will be manufactured at a UK factory.

The price has not been fixed yet, but when their team contacted the potential owners, they showed notable interest.

Bak aims to offer a great level of customer involvement in the brand through the use of modern technology. Kincsem would serve as a sub-brand for the luxurious models the startup manufactures. The car is certainly awesome and we have waited 7 years for it. We might not be able to drive it, but at least, we can experience how amazing it is.