India takes stake in jet hybrid supercar
Tata, the wholly owned subsidiary of UK based Tata Sons, has agreed to become a minority shareholder in the British micro gas turbine engine company, Bladon Jets, and its involvement with Jaguar in the development of a 203mph hybrid supercar.
The C-X75 concept car, to be unveiled at this year's Paris Motor Show, has two mid-mounted micro gas turbines that can charge the car's batteries allowing it to travel 560miles, or supplement the power available to the electric motors. The gas turbines developed by Bladon Jets can be run on almost any fuel, including LPG and biofuels.
Anwar Hasan, managing director of Tata, said: "The innovative nature of Bladon Jets lies at the very heart of our ethos at Tata and it is a company we have admired for some time. Acquiring a stake in this business is recognition of this and the exciting potential their products have in the automotive and distributed power generation arenas. We look forward to continuing the already close working relationship with Bladon Jets and will take great pride in the future success of their business."
Jaguar's directors plan to analyse the C-X75's reception of critics and the public before making a decision as to whether to put it on sale.
