Jaguar is releasing its Model X competitor in 2018 — and the vehicle is absolutely gorgeous.

The SUV will be Jaguar's very first electric car. Jaguar is smart to start with an SUV at a time where US consumers are consistently opting for more space.

The move puts Jaguar in direct competition with Tesla's Model X, which has also experienced strong demand. In fact, Tesla sold roughly the same number of Model X SUVs (11,550) as Model S sedans (13,450) in the first quarter.

Here's what you need to know about Jaguar's very first electric car: