Edmunds takes a first look at the Jaguar XE SV Project 8. Edmunds Senior Writer Mark Takahashi drools a little bit over the Jaguar XE SV Project 8. This is Jaguar's most extreme performance car whose reason for being is to put down a time at the Nordschleife in the low 7-minute range. Based loosely on the Jaguar XE, it's motivated by a 5.0L supercharged V8 (592 horsepower) and possesses go-fast styling and weight-saving material. Take a listen to that exhaust.