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Koenigsegg plans a ‘CO2 neutral’ hybrid supercar

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Fresh from receiving a 150 million-euro infusion from

National Electric Vehicle Sweden

, the Chinese-backed company that bought up

Saab

‘s assets out of bankruptcy,

supercar

maker

Koenigsegg

has signaled just what it plans to do under the new joint venture.

Christian von

Koenigsegg gave an interview to Top Gear

in which he said he wants to develop an all-new

supercar

to sit below ultra-exclusive models like the Agera RS and Regera, priced at around €1 million (about $1.15 million) to grow sales from 20 a year into the hundreds, because “our brand has outgrown our production volumes by quite a big margin.” And it will feature a novel, “completely CO2 neutral”

hybrid

powrtrain using the “freevalve” camless combustion engine technology the company has been developing in concert with battery-electric power.

“Given the freevalve technology, we can actually cold-start the car on pure alcohol, down to -30 degrees Celsius, so there’s no need for any fossil fuel mix then,” he told

Top Gear

. “The idea is to prove to the world that even a combustion engine can be completely CO2 neutral.”

Von Koenigsegg

previously hinted at the setup

after talking about how his engineers were responding to

Tesla

‘s claims that its forthcoming next-generation Roadster would be capable of a 1.9-second 0-60 mph time. He further hints that the new hybridized supercar will look unmistakably like a Keonigsegg but be in a different segment altogether from either the Agera RS or

plug-in hybrid Regera

.

Consider us very much intrigued and eager to hear more. Meanwhile, Koenigsegg has said it plans to

reveal the successor to the Agera RS

next month at the

Geneva Motor Show

based on a refined version of the same supercharged V8 combustion engine.

The

new joint venture with NEVS

, meanwhile, sees that company take a 65 percent ownership stake, with Koenigsegg holding the rest and contributing its trove of intellectual property, technology licenses and product design. NEVS also gets a 20 percent stake in Koenigsegg itself.

Related Video:

from Autoblog http://bit.ly/2S28ef2