WHEN IT INTRODUCED the Model S in 2012, Tesla created an entirely new segment in the auto industry: the luxury electric car. It has dominated the space ever since, but now, the auto industry is catching up, and fielding rivals that should challenge Elon Musk's monopoly. The latest contender comes from Jaguar Land Rover, which today unveiled the production-ready version of the I-Pace, with a global webcast from Graz, Austria, where it will build the fully electric SUV. First, the specs. Jaguar promises a 0 to 60 mph sprint in 4.5 seconds, enough to shove you back into the seat and elicit a giggle or two. Twin motors, designed in-house by Jag, make for all-wheel-drive, and the 90-kWh battery will deliver around 240 miles of driving range. The numbers match those of Tesla's Model X SUV (the version with the 75-kWh battery) which starts at $80,000. Jaguar hasn't announced I-Pace pricing yet, but you can expect it to land in the same region—and that once you start adding options like fancy finishes and plush materials, the cost will quickly climb.via