McLaren Announces First Hybrid Performance SUV for 2028
McLaren has confirmed plans for its first hybrid performance SUV, codenamed P47, expected to launch in 2028. This initiative is supported by a £500 million investment and aims to enhance the company's manufacturing and development capabilities in the UK.
McLaren's Investment in Future Models
On September 16, McLaren announced a significant investment of £500 million (approximately €580 million) aimed at expanding its manufacturing and development facilities in the UK. This investment is closely tied to the company's introduction of its first hybrid performance SUV, which is set to compete with high-end models from brands like Ferrari and Lamborghini.
Details on the P47 SUV
The P47 is described as a four-door, five-seat SUV, featuring a larger body than any previous McLaren with more than two seats. Preliminary models shown to dealers indicate it will include 24-inch wheels and a distinctly sculpted design. McLaren’s CEO, Nick Collins, emphasized the SUV's importance in boosting the company's profit margins to rival established luxury brands.
Hybrid Technology and Manufacturing
The upcoming SUV will utilize hybrid technology, with McLaren planning to manufacture its engines in-house for the first time. The investment will also support the development of this new powertrain and expand production capabilities.
Timeline and Future Models
The P47 is scheduled for release in 2028, with McLaren indicating plans to launch at least one new model each year leading up to that date. Alongside the SUV, the company is also developing a hybrid supercar, codenamed P34, which will feature a V6 twin-turbo engine producing around 810 horsepower and is expected to debut in 2027. Furthermore, a front-engine GT model with potential for more than two seats is also in the roadmap.
Economic Impact
According to the UK government, this £500 million initiative is expected to create 4,000 jobs in South Yorkshire, contributing to local economic growth while enhancing McLaren's technological capabilities. As McLaren ventures into the SUV market, the reception from automotive enthusiasts will depend largely on whether the brand can maintain its performance heritage and exclusivity.