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Home News Brand

Jaguar’s controversial rebrand: Will bold moves pay off in competitive EV market?

...defends bold rebrand amid push to electric future

David Ijaseun by David Ijaseun
November 24, 2024
in Brand, Premium
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Jaguar EV logo

Jaguar EV logo

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Luxury automaker Jaguar, a Tata Motors subsidiary, is facing a wave of backlash over its recent rebrand. The overhaul, part of its pivot to an all-electric lineup by 2026, has sparked intense debate online. Critics have slammed the new design, which reimagines Jaguar’s iconic “leaper” logo and adopts an avant-garde style, as “out of touch.”

Jaguar, known for its classic British heritage, responded to the criticism, calling the rebrand “a bold leap forward.” The redesign is part of the company’s “Exuberant Modernism” strategy, which aims to appeal to a younger, affluent audience. “We’ve preserved iconic symbols while embracing a dramatic new era,” Jaguar said in a statement.

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The rebrand has ignited over 50,000 social media responses, with opinions ranging from intrigue to outrage. Marketing expert Gary Jenkins noted, “Everyone’s talking about Jaguar. That’s a win in itself, even if opinions differ.”

Jaguar’s marketing push aligns with its ambitious plan to introduce three new electric vehicles, including a high-end four-door GT starting at over $100,000. The company will showcase its new vision at Miami Art Week, targeting the ultra-luxury market.

While Jaguar reported a 39% annual rise in unit sales to 13,528 by April 2024, this is a stark drop from 81,570 a decade ago. Industry analysts caution that the electric vehicle market is fiercely competitive. Automotive commentator Mark Smyth added, “Jaguar is banking on the high-end market where margins, not volume, drive profitability.”

Despite criticism, Jaguar remains optimistic. Managing Director Rawdon Glover said the shift away from “traditional automotive stereotypes” is critical to redefining the brand. “We’re building a future Jaguar for a new era of customers,” Glover stated.

The success of this bold gamble, experts agree, will ultimately hinge on whether it can translate controversy into sales.

Read more on Why Jaguar’s logo makeover has everyone talking

Tags: EVJaguarLuxury carsTop premium

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