Australian International Motor Show attendees will get their first look at the production version of the locally developed JOSS supercar on July 1.

JOSS Developments will unveil a computer-generated preview of the production model, codenamed JP1, along with a pre-production evaluation vehicle and a wind tunnel model.

The JOSS JP1 will become Australia’s first mid-engined supercar. It will be powered by an all-aluminium V8 with more than 370kW and a 0-100km/h acceleration time of less than 3.0 seconds. JOSS predicts it will come with a price tag of more than $500,000, although the company is yet to confirm when the car will be ready to roll.

JOSS Developments’ technical director, Matt Thomas, said the return to the motor show in Melbourne – seven years after JOSS’s first appearance – would remind Australians that the homegrown supercar manufacturer was the real deal.

“We had an amazing reception for our JT1 prototype in Melbourne several years ago, but building a car business is very involved,” Mr Thomas said.“So JOSS Developments has spent the last few years working on the business: building investment, working with our technical suppliers, and putting in place the right people so that when we launch JP1 the company will be geared up to deliver a great product to the market.”