Jaguar Classic is working on a limited run of electric E-Types, but they’re not the only game in town as Evolution E-Types and Electrifi have joined forces to offer their own take on the idea.

Dubbed the Evolution Electrifi Jaguar E-Type, the model will be based on an original 1960’s E-Type and feature a strengthened chassis to cope with the additional torque of an electric motor.

A prototype is set to be unveiled this summer and the production model will initially be offered as an aluminum-bodied roadster. A coupe will follow later.

While the model will be based on a 1960’s E-Type, it will be upgraded to be safer and more refined than the original model. As part of this process, the car will come equipped with an electric power steering system, high-performance brakes and an optimized suspension. Evolution E-Types will also install an electric air conditioning system.

Technical details remain elusive, but the companies said the car will have 450 hp (336 kW / 456 PS). This will reportedly enable the roadster to accelerate from 0-60 mph (0-96 km/h) in less than four seconds and have a top speed of 165 mph (265 km/h). The firms also said the “overall weight of the car will remain the same,” but there’s no word on the capacity of the battery pack or how much range it will deliver.

Also Read: Classic Jaguar E-Type Reincarnates Into A Beautiful EV

Interestingly, the conversion will be “fully reversible without modification.” As part of this effort, each E-Type will come with its original engine and transmission so owners can revert back to petrol power if they wish.

Evolution E-Types and Electrifi are currently accepting orders and the car is slated to be launched early next year. Pricing is expected to start around £850,000 ($1,081,934 / €969,340) which means the model will cost about as much as 13 Jaguar I-Paces.