Ever wondered what a Jaguar might look like in 2040? This is how the British brand thinks it could look – it’s the Jaguar Future-Type concept.

The futuristic show car has been deployed at Jaguar Land Rover’s Tech Fest event in London, where the UK company aims to showcase how it sees the car of tomorrow. Or, in the case of the Jaguar Future-Type concept, in a few thousand tomorrows.

Described as a "premium compact on-demand vehicle concept, designed to meet the mobility needs of future generations", the Future-Type concept is said to represent the switch from the ICE (internal combustion engine) age to the ACE (autonomous connected electric) age. It is a "fully autonomous virtual concept" that "explores mobility for the connected world of tomorrow, where vehicles could be shared not owned".

It is envisioned to bring the imaginative Sayer steering wheel to life, and rather than buying the car and taking it home with you, Jaguar says that drivers of the Future-Type would more likely be a part of a membership club. You'll keep the steering wheel, and slot it in a shared car so you can adjust it to suit your settings and preferences.

The 2+1 seat concept model features "social seating" where the occupants face one-another rather than all facing forwards. And yes, it is designed as a fully autonomous car, but Jaguar is at pains to point out that this is still a driveable car, with pedals where they should be and a spot for the Sayer.

According to Jaguar:

"In the connected world of tomorrow, a fleet of fully-charged Future-Types could be available for customers on-demand. If you are taking your child to school, and only need two seats, you can summon a Future-Type with 2+1 social seating, so you can chat face-to-face as the car autonomously drives you to your destination using the most time and energy efficient route.

"The Future-Type will communicate with other cars and use co-operative driving technologies. This collaboration will enable shorter distances between vehicles and make lane changing and exiting from junctions safer and more efficient. This will also increase road capacity and prevent accidents, while the narrow width of Future-Type will mean it takes up less space on the road and in car parks.

"The driver could ask the Future-Type to drive autonomously during the stressful and tedious parts of the journey, such as in heavy traffic or roadworks, or if they prefer to do some work or choose to watch a film. But for the occasions when a driver wants to enjoy the thrill of the open road, the concept retains a steering wheel."