Koenigsegg planning to build thousand of vehicles; set to rival Ferrari

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Koenigsegg Production

When it comes to performance cars, one of the first names that crops up frequently is Koenigsegg. However, production runs in dozen a year. Christian von Koenigsegg plans to do something about it and he is not happy about being projected as boutique automaker. He wants to increase the production number and plans to rival the already established Ferrari. In an interview to Bloomberg, he said that his company is planning to produce hundred of vehicles a year by the year 2022. After that he plans to increase the annual output to thousand of vehicles.

Koenigsegg Production

Koenigsegg is planning to introduce entry level vehicle which will be priced around $1 million. If reports are to be believed, it will use hybrid V8 engine that will have an output of 1,050 horsepower. It will help the car annual production from hundreds to thousands. Currently, all models are constructed hand crafted at company’s only production site at Angelholm, Sweden. However, production of new vehicle will take place in former Saab plant which is situated three hours north in Trollhattan. Swedish based automaker recently collaborated with National Electric Vehicles Sweden (NEVS) in $320 million deal. It will act as catalyst for future production vehicles.

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The “affordable” supercar will incorporate cutting-edge ‘freevalve’ camless combustion engine that allows the car to be started on pure alcohol, making the engine CO2 neutral. If the engine technology manages to prove on road, it will be used for future models. Christian didn’t disclose how the plans to achieve such astronomical figure but there is a good chance that company will introduce cheaper vehicle. It might rival against Ferrari 488 GTB, Lamborghini Huracan, and McLaren 720S.

Koenigsegg ProductionKoenigsegg Production

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