Jaguar Racing has revealed its brand new Gen2 car for the 2018/19 FIA Formula E Championship on Wednesday.

The British outfit presented the I-Type 3 in a launch event in London, which will be driven by the same line-up as seen last season comprising of Formula E’s inaugural champion Nelson Piquet Jr and Mitch Evans.

Jaguar becomes the second team after BMW Andretti to launch the Gen2 car which will make its debut in Season 5 with the official pre-season test at Valencia in October and the series starting in Saudi Arabia on December 15.

Jaguar Racing’s team director James Barclay said: “This season, it’s about moving from a regular points team to a regular podium team. We believe we are the first team to develop our powertrain entirely in-house.

“This gives us ultimate control in terms of design and development and hope this will put us at a competitive advantage. The technology is moving at an incredibly fast rate, and the new Generation 2 car will be an important test bed to help develop and drive performance of our future battery electric vehicles.”

Piquet, who joined the team in 2017/18 season finishing ninth with 51 points, added:  “Having been in the championship since day one I’ve developed as a driver with the technology and evolution of the Formula.

“It’s amazing to see how fast things have changed. The Jaguar I-Type 3 is a new animal, with its own challenges and intricacies. The new chassis is larger and faster than our previous racecars so it will be very interesting to see how that impacts racing around the tight street circuits.”

Evans, who has been with Jaguar since its debut in 2016/17 season, said: “Last season was our best to date. The team have worked really hard in to make sure the Jaguar I-Type 3 will be competitive.

“We want to be fighting at the front of the grid in every race. We showed signs of this last season and have higher expectations for Season 5.” The Kiwi finished seventh last season with 68 points, scoring the team’s maiden podium in Hong Kong.

The British outfit had a remarkable turnaround in performance in only its second season last year as it finished sixth with 119 points after it was last in its inaugural season with just the 27 points. The team also confirmed Ho-Pin Tung will remain as their reserve.