Jaguar has announced that, in association with Williams F1, it is to build the C-X75 concept car as an exclusive hybrid supercar.

Jaguar C-X75 will be the British marque's most advanced model to date, offering performance on a par with the fastest production cars on the market, while adopting cutting-edge technology will ensure economical running. Jaguar expects this hybrid supercar to deliver incredibly low CO2 emissions of less than 99g/km while being able to achieve in excess of 200mph.

"People expect Jaguar to be innovators - that is when Jaguar is at its best," said Adrian Hallmark, Jaguar Brand Director. "The C-X75 received an incredible reception as a concept car. We've been building on that momentum and there is a clear business case for this exclusive halo model. No other vehicle will better signify Jaguar's renewed confidence and excellence in technological innovation than this."

Project C-X75 will be the ultimate expression of Jaguar design and engineering innovation. This high-performance hybrid supercar will stay true to the initial concept design study that made its debut at the 2010 Paris motor show, while fulfilling requirements that allow it to be homologated for road use.

"We were always determined that the Jaguar C-X75 would be as striking on the road as it was in concept form," said Ian Callum, Director of Design, Jaguar Cars. "This will be the finest looking and most innovative Jaguar ever produced. Even in the world of supercars, we can still produce the most beautiful."

In an unprecedented move, Jaguar C-X75 will be developed in association with Williams F1 who will provide their engineering expertise in areas including aerodynamics, carbon composite manufacture and hybrid technologies. This association will be at the leading edge of British automotive engineering and innovation.

"Confirmation of this project today signposts Jaguar Land Rover's continued determination to embrace new technologies," said Jaguar Land Rover CEO, Dr Ralf Speth. "A supercar like the C-X75 is the logical choice to showcase cutting-edge design, intelligent use of new environmental technologies and motorsport-inspired performance."

It also marks a new milestone in both company's histories as Jaguar Land Rover and Williams F1 collaborate for the first time to produce one of the world's highest performance and environmentally sustainable supercars. The production of Jaguar C-X75 will create more than one hundred highly-skilled jobs in the UK.

A direct technology transfer between elite motorsport and road-going production cars is key to C-X75's success. The supercar's chassis will be made of carbon-fibre to create an incredibly lightweight, yet rigidly strong structure. Aiding the transition from concept to production vehicle is the choice of powertrain. Jaguar continues to develop the use of the micro-turbine technology that was showcased in the original concept C-X75. Jaguar's parent company Tata has taken a significant stake in Bladon Jets, and will develop this very advanced technology as a medium-term aspiration that will play a part in Jaguars of the future.

To bring Project C-X75 to showroom reality within the timescales of a conventional model programme, an equally innovative powertrain had to be developed. The road-going supercar will use a state-of-the-art, small-capacity, highly-boosted internal combustion engine with one powerful electric motor at each axle.