You’ll still need to break the bank, but not as much as you’d have to

Rumors of an entry-level Koenigsegg have been around for some time now, and while the automaker has addressed those rumors in the past, development of the model hasn’t progressed as fast as you’d expect from an automaker that’s known for building the fastest production car in the world. But the time has finally come. Koenigsegg high-volume entry-level model is expected to arrive in 2020 as the Swedish company shifts its focus from building low-volume supercars into the supercar mainstream, all with the goal of attracting new customers to the fold. Details about the “entry-level” supercar are still under wraps, but it is believed that each model will cost between £700,000 and £800,000. That’s around $900,000 and $1 million based on current exchange rates. It’ll still be expensive, but it’s a far cry from the $3 million record-breakers and road-destroyers that Koenigsegg is famous for.

Koenigsegg’s Hybrid V-8 Supercar

Koenigsegg To Launch an "Affordable" Supercar In 2020 - Here's How It'll Do It Exterior
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For a company that made its bones building some of the most insane and most expensive supercars on the planet, Koenigsegg’s decision to divert from that blueprint still comes as a bit of a surprise for a lot of people. But it’s also a smart move on the company’s part, especially if the goal is to attract new customers that have been priced out of buying any of Koenigsegg’s past exotics. It’s not a new strategy, either. Koenigsegg CEO Christian von Koenigsegg has had plans to diversify the company’s lineup in his back pocket as early as 2014.

It took a bit of time for these plans to come to fruition, but now it looks like Koenigsegg is full steam ahead with the development of an entry-level model that will “only” cost somewhere in the range of $900,000 to $1 million.

As absurd as that sounds, there is a lot of truth to it, too. Koenigsegg is one of the most exclusive auto brands in the world. Since its inception in 1994, the Swedish automaker has stayed true to its low-volume, super-expensive car roots. The price tag for each Koenigsegg has rarely — if ever — dropped below seven figures. The automaker’s latest masterpiece, the Koenigsegg Jesko, has a price tag of around $2.8 million to $3 million. These kinds of prices are par for the course for Koenigsegg and its clients. It helps explain why, in the 25 years that it has been around, Koenigsegg has maintained an aura of invincibility that very few automakers have come to threaten.

Koenigsegg To Launch an "Affordable" Supercar In 2020 - Here's How It'll Do It Exterior
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That business plan has served Koenigsegg well, but it’s also had its drawbacks, including the inability to expand its customer base beyond those who can throw away $2 to $3 million without breaking any sweat. Koenigsegg wants new customers to inject fresh life to the company. The automaker identified a way to do that by tapping into the age-old strategy — not really — of building cars that it can sell for $900,000 to $1 million.

Koenigsegg’s plan also received a shot in the arm when it secured new money from Chinese-owned New Electric Vehicle Sweden (NEVS) — it’s the company that now owns the assets of Saab — to the tune of a $166 million investment.

The partnership between the two sides was cemented earlier this year. In addition to the $166 million investment, NEVS also secured a 20-percent stake in Koenigsegg’s parent company. In exchange, more investments are expected to arrive to help jumpstart Koenigsegg’s plans to develop new models for “new and untapped segments.” This is all to say that Koenigsegg now has the resources to build its entry-level model, which has actually been in development since 2017. It’s just that, now, Koenigsegg, in the words of its CEO, now has “much more muscles and much more jobs, and that was what I was looking for.”

Koenigsegg To Launch an "Affordable" Supercar In 2020 - Here's How It'll Do It
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So, now that the entry-level Koenigsegg is on its way, what can we expect from it? The company has offered very little in the way of details other than the expected cost to buy one. It did say that the NEVS deal will help accelerate the car’s development, opening the door for Koenigsegg to present it sometime in the first half of 2020, most likely at next year’s Geneva Motor Show.

As far as the car itself is concerned, it is expected to carry an advanced version of Koenigsegg’s beyond reliable 5.0-liter twin-turbocharged V-8 engine that’s capable of burning pure alcohol to help reduce emissions and improve power density.

Some form of electrification will also be involved, thus creating a hybrid setup that will utilize a slate of new technologies, including Freevalve AB’s involvement. The engineering firm and sister company to Koenigsegg developed a ‘free valve’ system that helps the intake and exhaust valves to be controlled without the use of camshafts. Not only does this help lower fuel consumption, but it also reduces emissions and improves the engine’s overall performance. If development goes according to plan, this hybrid setup could be more advanced and more powerful than the current system Koenigsegg is using on the Jesko. That’s a scary thought when you consider that the current setup already produces 1,600 horsepower and 1,100 pound-feet of torque.

Koenigsegg To Launch an "Affordable" Supercar In 2020 - Here's How It'll Do It
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However, don’t expect the new entry-level model to be more powerful than the Jesko. That would run counter to Koenigsegg’s goal of pricing the model at or around $1 million. If anything, we can look at the Koenigsegg Regera, which currently stands as the automaker’s “mainstream” model with 80 models slated for production. The Regera costs $2 million, or twice the amount Koenigsegg wants to set for its new entry-level model. The Regera features a similar hybrid system that produces close to 1,500 horsepower and boasts a number of state-of-the-art technologies, including the world’s first fully foldable, active, top-mounted rear wing. Perhaps this new model will end up as a “simpler” version of the Regera.

I know that “simpler” carries a different connotation when we’re talking about Koenigsegg, but, at this point, all possibilities should at least be considered.

Unfortunately, none of these plans are expected to turn Koenigsegg into a full-volume automaker. That’s still not in the cards, and the company is more than happy to remain a niche car brand in the foreseeable future. But it did build only 18 units in 2018, a far cry from its goal of building somewhere in the vicinity of around 100 units per year. This new model, with the aid of new investments and new technologies, should help Koenigsegg achieve that goal in the coming years.

Koenigsegg To Launch an "Affordable" Supercar In 2020 - Here's How It'll Do It
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For now, though, all we can do is wait for this entry-level model to arrive and see what the “entry-level” term means to Koenigsegg.

2020 Koenigsegg Jesko drivetrain specifications

Engine Koenigsegg twin turbo aluminium 5,0L V8, 4 valves per cylinder, flat-plane crankshaft, double overhead camshafts, dry sump lubrication
Compression: 8.6:1
Bore: 92 mm Stroke: 95.25 mm
Sequential, multipoint fuel injection with individual cylinder pressure sensors and back pressure sensors
Closed loop individual combustion and lambda control, twin ceramic ball bearing turbo chargers with Koenigsegg response system.
1.7 bar boost pressure (2.2 bar with E85)
Dry sump lubrication. Carbon fiber intake manifold with optimised intake tracts
Tig-welded ceramic coated 0.8 mm wall thickness inconel exhaust system manifold with merge collector
Total engine weight: 189 kg
OUTPUT Gasoline: 955 kW (1280 hp) at 7800 rpm, redline at 8500 rpm.
E85: 1195 kW (1600 hp)
Torque: 1000 Nm from 2700 to 6170 rpm
Max torque: 1500 Nm at 5100 rpm
Dimensions Total length: 4610mm
Total width: 2030mm
Total height: 1210mm
Ride Height: 70-100mm front, 75-100mm rear
Front lifting system activated: +50mm
Wheelbase: 2700mm
Fuel capacity: 72 litres
Luggage compartments: 100 l front, 50 l rear
Dry weight: 1320kg
Curb weight: 1420kg

Further reading

Koenigsegg To Launch an "Affordable" Supercar In 2020 - Here's How It'll Do It
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Read our full review on the 2020 Koenigsegg Jesko.

2017 Koenigsegg Regera High Resolution Exterior AutoShow
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Read our in-depth review of the 2017 Koenigsegg Regera

2010 Koenigsegg Agera High Resolution Exterior Wallpaper quality
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Check out our full review of the 2010 Koenigsegg Agera

2015 Koenigsegg One:1 Exterior AutoShow
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The Koenigsegg One:1 is only one of the five things that TopSpeed’s Kirby Garlitos is thankful or today. Check out the full list at TopSpeed.com

Check out our full review of the 2015 Koenigsegg One:1

Source: Autocar

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