India, Dec. 1 -- Jaguar Land Rover on Wednesday unveiled its "most advanced and efficient" electric racing car to compete in next season's Formula E championship, which the firm said will support its broader "all-electric" transition.

The new third generation car -- dubbed the I-TYPE 6 -- is "lighter, more powerful and faster" than its predecessors, boasting a top speed of 200 miles per hour (320 km/h), Jaguar said.

Britain's biggest carmaker, owned by India's Tata Motors, is bidding to become a solely all-electric brand by 2025, as a part of outgoing boss' Thierry Bollore ambitious "Reimagine" strategy.

The entire group is aiming for carbon neutrality by 2039, and is hoping to transfer technology from its Formula E enterprise.

"It's ...