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The battery will power a pair of synchronous permanentmagnet motors arranged concentrically with the transmission This makes the powertrainnbspas compact as possible The motors each 92 inches in diameter and 20 inches long will send 400 hp and 516 ftlb of torque to the front and rear wheel and send the car from 0 to 60 mph in about four seconds The vehicle will get 200 miles on a single charge If drivers have access to a 50 kW DC rapid charger they will be able to get an 80 recharge in 90 m

UK Guarantees Jaguar Loans After Pledge to Make Electric Cars

The news provided a much-needed boost for a British automotive industry that’s been rocked by job cuts and plant closures.

Jaguar Land Rover Automotive Plc won a 500 million-pound ($626 million) loan guarantee from the U.K. government, just over a week after announcing a new range of electrified cars will be made at a plant in central England.

The guarantee to JLR by the U.K. Export Finance agency was granted to support the design, manufacture and export of electric cars, Prime Minister Theresa May said after a round-table meeting of auto-industry representatives in Downing Street on Monday.

JLR, a unit of India’s Tata Motors Ltd., will invest hundreds of millions of pounds transforming its Castle Bromwich site near Birmingham after previously committing to electrified options of all new models from 2020. The first electric vehicle off the production line will be the ninth generation of Jaguar’s flagship XJ saloon.

The news on Castle Bromwich, which safeguards thousands of workers, provided a much-needed boost for a British automotive industry that’s been rocked by job cuts and plant closures. Brexit, a slowdown in China and flagging demand for diesel-powered vehicles have taken a toll on JLR, which said in January it would slash 4,500 positions worldwide to conserve cash.

May met senior auto-industry figures including representatives from Ford Motor Co., BMW AG, Nissan Motor Co. Ltd. and Peugeot parent PSA Group’s Vauxhall arm.

By Alex Morales and Christopher Jasper

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