"The C-X16 represents a further avenue of research in Jaguar's mission to develop sustainable powertrain technologies and bring them to production, " the company said in a statement.

BBC: Jaguar reveals 'E-type successor'

"Several of Jaguar's rivals are already looking at various alternative powertrain technologies to use in the next generations of their high-performance vehicles, most notably Porsche's 918, Mercedes' SLS E-cell and BMW's i8, " observed IHS Global Insight analyst Ian Fletcher in a recent note.

BBC: Jaguar reveals 'E-type successor'

But with so much competition from abroad, and with so many competing future powertrain technologies out there--electric hybrids, clean diesels and hydrogen fuel cells--companies can't afford to go it alone, says David Cole, chairman of the Center for Automotive Research in Ann Arbor, Mich.

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