Well it didn’t take long for Jaguar to decide making the C-X75 hyper car is not worth the hassle. Earlier we told you about the car entering a critical phase in its development as Jaguar was putting together the first prototype. But before the engineers do that, the top brass pulled the plug.

They say the main problem with the C-X75 is the cost of production. It has a very advanced powertrain with two electric motors and some super fancy systems to deliver the power to all four wheels, and it can make over 800 horsepower while emitting no more than 100 g/km CO2. It was brilliant and could make the car a proper rival for the Porsche 918. But building such a system is bloody expensive.

In fact, it would push the final price of the car to between £800,000 to £1 million. And, well, after a quick look at the market and the world’s economic health, Jaguar decided it’s not the perfect time to even think about launching such a car. It probably isn’t, but McLaren, Ferrari, and Porsche are doing it, and Pagani and Bugatti have been doing it years.

We have a sneaking suspicion that it was the sensible Indians at Jag’s parent company TATA who cancelled the project. Left to their own devices, those plucky Brits at Jaguar would go ahead regardless of the economic situation… and then probably go bankrupt again!

via Autocar