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Jaguar Land Rover planning to allow owners to earn cryptocurrency

Jaguar Land Rover, Britain's largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data. The company is developing what it calls "smart wallet" technology to be installed in its automobiles. This would reward Jaguar car drivers with IOTA coins for actions such as enabling their vehicles to automatically report useful data, such as traffic congestion or potholes to navigation providers or local authorities. Drivers could also earn rewards if the car participates in a ride-sharing program, Jaguar said. The tokens earned could be used to pay for tolls, parking and charging for electric cars. The overall goal was to "achieve zero emissions, zero accidents, and zero congestion," the company said. Global car companies are exploring blockchain applications, figuring out different ways in which they can leverage the technology to suit their different needs. Blockchain, the system powering cryptocurrencies like bitcoin, is a shared database that is maintained by a network of computers connected to the internet. The British car company is testing the technology at the new Jaguar Land Rover software engineering base in Shannon, Ireland, where engineers have already equipped several vehicles, including the Jaguar F-PACE and Range Rover Velar, with "smart wallet" features, the company said. It does not yet have a timetable for when it will be commercially available, said Jaguar, a subsidiary of Tata Motors. The IOTA token is based on a distributed ledger technology that enables people and machines to transfer money and data without any transaction fees. IOTA trades on digital asset exchanges and was last at 27 U.S. cents per token. "The smart wallet technology ... can be easily adapted into all new vehicles," Dominik Schiener, IOTA co-founder and co-chairman of its board, told Reuters on Friday. "IOTA wants to enable interoperability with all these different players. So there is no Jaguar coin, no BMW coin, but one universal token for this machine economy," he added.

How Jaguar optimized the Ingenium gas engine for the F-Type

At the 2017 New York Auto Show, Jaguar showed off the new entry-level F-Type, packing a 2.0-liter, turbocharged, gasoline-fueled inline-four that produces 296 horsepower, which is built in-house in the UK. It's the debut of this branch of the Ingenium engine series, and it's also the top of the Ingenium gas range; most JLR vehicles will offer a less powerful 247-hp version. We caught up with Jaguar's engineers to figure out exactly how this high-output Ingenium engine differs, and what Jaguar had to do to fit it in the F-Type's engine bay. While all Ingenium 2.0-liter gas fours share major architecture – the aluminum block and heads, as well as the bore and stroke – there are some internal differences. The most important are the low-compression pistons, which allow for more boost without detonation. The new compression ratio is 9.5:1, compared to the 10.5:1 ratio in the 247-hp spec engines. To make the most out of more boost, you need new plumbing and a way to get more fuel into the combustion chamber. So Jaguar fitted a larger twin-scroll turbocharger that's unique to this application. It features low-friction ceramic ball bearings – Jaguar says this improves transient response. There are also new fuel injectors and a fuel pump to accommodate the increased demand for gas in the high-output engine. On the back end, there's a unique exhaust system with active flaps to give it a louder bark when called for. Of course, some new hardware and more boost means the various electronic systems that control the engine needed changes. For one, Jaguar's changed the cam timing and valve lift mapping, as well as the ignition timing. The throttle mapping and transmission calibration have also been optimized for the new engine. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. As far as the driver's concerned, the biggest change from the 247-hp engine to the 296-hp one – other than increased scoot – will be where the power peak is. The 296-hp engine makes peak power at a higher point in the rev range, which should reward drivers who generously prod the throttle and hold gears in manual mode. Remember, F-Types equipped with this engine will only be available with an automatic transmission. You should also remember that it's an excellent gearbox overall, with rapid, smooth shift characteristics, if the other 8-speed Jaguars are anything to go by.

Jaguar's ambitious turnaround plan will put a big focus on the American market

Land Rover is on a roll, but it's been awhile since we've heard from sister company Jaguar. The company is concocting yet another turn-around plan, and recently-appointed CEO Adrian Mardell provided several details about what's in it and it means for the American market. Speaking to industry trade journal Automotive News Europe, the chief executive conceded that mistakes have been made. "[Jaguar] was incredibly successful in North America 25 years ago, before we took the compromises and the decisions we made," he explained. He stopped short of providing specific details but pointed out that Jaguar's best days have been "lost within Ford Motor Company data." If you need a crash course in Jaguar history, Ford bought the brand from British-Leyland in 1990 and sold it to India-based Tata in 2008. Mardell, who joined Jaguar Land Rover in 1990 and watched the group embark on a roller-coaster ride, sees big potential for growth on Ford's home turf. "There are 20 million millionaires in the United States alone. So, a lower volume [and a] higher price positioning is absolutely the right position for Jaguar today," he opined. In contrast, Jaguar has largely aimed for mainstream segments in recent years. The publication added that Jaguar's master plan calls for moving upmarket to fight in the same arena as Bentley and Porsche. As of writing, most buyers and journalists consider Jaguar an alternative to brands like Audi, BMW, and Mercedes-Benz, and its current portfolio reflects this positioning: The XF competes in the same segment as the 5 Series, for example, while the F-Pace goes head-to-head against the X5. Moving upmarket is easier said than done, and there's no word yet on precisely how Jaguar will pull it off. We know that it's starting from scratch; it canceled the new XJ months before the big sedan's unveiling. Automotive News Europe learned that one of the models being designed to jump-start the brand is an electric four-door GT that will cost about GBP100,000 (around $128,000) when it goes on sale in 2024. Looking further ahead, the brand will continue to expand by launching two additional electric models. Their design will "split opinion." "What we will not worry about is being loved by everybody, because that is the kiss of death. That is what put Jaguar in the situation it is in today, which is with no equity whatsoever," outspoken JLR chief creative officer Gerry McGovern recently told a group of investors.