Jaguar is slashing the price of its flagship I-Pace EV400 electric SUV by introducing an entry-level EV320 variant with special edition features in a bid to capture a piece of the busy European electric car market.

The new model will have the same 90kWh battery and 470km driving range (WLTP) as its more upscale 2021 EV400 stablemate, but the EV320 will have less powerful motor with an output of 236kW compared to the former’s 294kW.

Jaguar says the base price for both models will now start from €75,351.26 ($A123,846.50 converted), which will further be reduced by German government state subsidies to €64,957.98 ($A106,764.22 converted).

Car makers are pushing electric vehicles in Europe to meet ever-stricter vehicle emissions standards, and with numerous government incentives being pushed across the EU, electric vehicle sales are now higher than in China.

To whet the appetite of would-be premium electric vehicle buyers, Jaguar is offering a time-limited special I-PACE EV320 SE, that features upscale SE equipment, and has a “price advantage” of more than €8,700 ($A14,299) and a particularly attractive leasing rate of €499 ($A820) per month

Jaguar says it has dropped the price of both I-Pace models to bring them within the limits of the new guidelines of the state funding program for electromobility (FEM), making them eligible for the state environmental bonus of €5,000 and the manufacturer’s innovation bonus, for a total grant of €7,900.

With a maximum torque of 500Nm, the I-Pace EV320 sprints from 0 to 100 km/hr in 6.4 second, while its maximum speed is electronically limited to 180 km/hr.

The limited edition Jaguar I-PACE EV320 comes with the extensive SE equipment package, which differentiates it from the “S” entry-level model of the more powerful I-PACE 400.

2021 jaguar i-pace

It features 20-inch wheels in a six-spoke design, an electrically opening tailgate, electrically folding and heated exterior mirrors, LED headlights with LED signature and 14-way adjustable (12-way electric and 2-way manual) sports seats with grained leather and memory function.

A blind spot lane assistant, a blind spot warning function when the door is opened, and a collision warning system when driving backwards complete the arsenal of the safety-enhancing assistance systems. Two 10 or 5 inch touchscreens arranged one above the other on the center console round off the list of factory-installed features.

Both models integrate learnings from Jaguar’s participation in motorsports such as the ABB Formula E.

The new Pivi Pro infotainment system is designed to  improved navigation, such as where the next free charging station is, how much it costs to recharge there and how long it will probably take to recharge.

It also features 11kW three-phase charging, made possible by an on-board AC charger and when connected to an 11 kW wallbox, adds  a range of up to 53km per hour (according to the WLTP standard).

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