Jaguar’s electric SUV is cheaper than a Tesla Model X or S

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We've learned a lot about Jaguar's first all-electric SUV, the I-Pace, during the company's slow display of information before its full disclosure at this week's Geneva Motor Show. We know, on paper, that it accumulates well in some performance categories (such as range and initial velocity) against its closest analog, the Tesla Model X. The only thing we still lacked was the price, which Jaguar finally announced today: the I -Pace will start at $ 69,500.
Yes, that's $ 10,000 cheaper than the basic model X, and even $ 5,000 less than the cheaper S model. It's an aggressive and competitive price if you consider that the I-Pace has 240 miles of range, all-wheel drive, fast continuous charge, and a sophisticated infotainment system, all of which certainly match the types of features that found at the base level Model X or S.
In addition, the tag price of $ 69,500 predates federal or state incentives. Depending on where you live in the US Theoretically, you could combine the federal tax credit of $ 7,500 EV with what your state offers for an eventual deduction of up to $ 10,000.
Tesla's federal tax incentives are about to run out, but Jaguar has a lot of road ahead
This could give Jaguar an advantage over Tesla as it tries to compete in the premium segment of the burgeoning EV market, which is still very small in the US. UU (And all over the world). The federal tax credit only applies to the first 200,000 all-electric vehicles sold by manufacturer in the US. UU Once a car manufacturer eclipses that number, it starts a watch in which the credit is cut in half every six months until it is completely eliminated. Tesla, having sold around 170,000 or more electric cars in total (including Models S, X and now 3) in the United States, is fast approaching that first important threshold.
Since the I-Pace is Jaguar's first fully electric car, it has a long way to go before the federal tax incentive disappears. Sure, the entry level Tesla Model X 75D could have more seats and more space. And yes, the I-Pace in many aspects has yet to prove its worth: we have not seen many images of him in action other than the limited videos of the many prototypes, let alone had the opportunity to get an idea of ​​the SUV in person . But Jaguar has clearly drawn a line in the sand by putting a price under Tesla's two best-selling models so far.
Jaguar says it is already receiving orders from retail stores, and interested customers can continue to make a reservation on the company's website, as they have been since the concept was revealed. I-Pace deliveries will begin in the second half of this year.

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