Preliminary details are starting to emerge about a fourth Range Rover model which will allegedly be out late 2016.

Preliminary details are starting to emerge about a fourth Range Rover model which will allegedly be out late 2016.

It was only last week when we heard a rumor about a new Range Rover model slotting above the Evoque but below the Sport and now Autocar says it's going to be based on the upcoming Jaguar F-Pace but with a longer wheelbase granting a more spacious cabin and the option for a seven-seat layout. The base model is believed to kick off at £40,000 ($58,630 or €55,220) and go up to £65,000 ($95,275 or €89,700) for the version with all the bells and whistles.

The cheaper versions will be powered by Ingenium four-cylinder turbocharged gasoline and diesel engines whereas higher-spec models are getting beefier V6 motors and an all-wheel drive layout. It is believed the model will also spawn a fully electric vehicle using the same setup as the Jaguar F-Pace EV providing a maximum range in "ideal conditions" of almost 300 miles (482 km). This zero-emissions version will obviously be more expensive and could cost as much as £85,000 ($124,600 or €117,300) or even more.

This new Range Rover is expected to feature a lower roofline and will be optimized mostly for road use to broaden the car's appeal and make it a viable alternative to high-performance wagons. Production will take place at the Solihull factory where it will share the assembly line with the aforementioned F-Pace (and the XE).

Be part of something big