Category: Highlight

  • $3M Koenigsegg Jesko ready for production but already sold out

    Two years after it made its debut at the 2019 Geneva International Auto Show, the Koenigsegg Jesko is finally ready for production. To mark the event, Koenigsegg showed off a pre-production Jesko finished in a bright orange color that was offered on Koenigsegg’s CCR in the company’s early days.

    Customer deliveries of the Jesko are due to start in early 2022 and just 125 examples are destined to be built. All build slots are gone, despite the car starting at $3 million.

    Koenigsegg Jesko Absolut (left) and Koenigsegg Jesko

    Koenigsegg Jesko Absolut (left) and Koenigsegg Jesko

    For those readers wiping their tears on a blank check, there may still be a way to secure a Jesko. A handful of build slots for exotics like the Jesko are usually earmarked for dealer partners, so don’t be surprised if examples start showing up for sale—with huge markups—in the near future.

    Koenigsegg has two versions of the Jesko. The standard version designed for top track times and a low-downforce version designed for top speed runs. The latter, known as the Jesko Absolut, can be identified by its missing rear wing. The Jesko Absolut should be able to crack the 300-mph barrier, and Koenigsegg has stated that it will never attempt to build a faster car. Buyers that opt for the standard version will be treated to more than 3,000 pounds of downforce through numerous aerodynamic elements that adorn the car’s body.

    Koenigsegg Jesko

    Koenigsegg Jesko

    Both versions sport a 5.0-liter twin-turbocharged V-8. With E85 in the tank, the hypercar makes 1,600 hp. Filling the car up with gasoline drops the power rating to 1,280 hp. The engine pairs with a 9-speed automatic that Koenigsegg calls the Light Speed Transmission. Technology within the transmission allows the Jesko to skip gears, allowing it to drop seamlessly from, say, seventh to fourth. The transmission never sees fifth or sixth gear in this example.

    “Because of its seamless shifting, whether up or down, everything just happens much faster,” Markus Lundh, a Koenigsegg test driver, said in a statement. “There are no delays, it is very responsive and behaves exactly the way you want it to.”

    Koenigsegg Jesko pre-production model

    Koenigsegg Jesko pre-production model

    Unlike some of Koenigsegg’s earlier models, the Jesko has been homologated for roads around the world, which means that, yes, we will see at least one in the United States.

    Alongside the Jesko, Koenigsegg is building the Regera. The company is also continuing work on another model, the Gemera, its first four-seater. The Gemera combines a 2.0-liter turbocharged inline-3 with a sophisticated electric system to generate a combined 1,700 hp. Koenigsegg plans to build 300 Gemeras, though there’s no word on when production will start.

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  • 2024 BMW 5-Series spy shots: Popular sedan slims down for next generation

    A prototype for BMW’s next-generation 5-Series has been spotted for the first time.

    The new mid-size sedan is still at an early stage of development but a number of details can already be identified.

    The proportions are reminiscent of the much-loved E39 generation, while the headlights look to be getting even slimmer than on the current generation. We can also see that the headlights taper back along the fender, much more than in recent generations.

    2024 BMW 5-Series spy shots - Photo credit: S. Baldauf/SB-Medien

    2024 BMW 5-Series spy shots – Photo credit: S. Baldauf/SB-Medien

    When it comes to what’s under the hood, BMW is keen to give customers their powertrain of choice, at least until it makes the eventual switch to a full-electric lineup. As a result, powertrains will include mild-hybrid, plug-in hybrid and battery-electric options.

    This flexibility is made possible by the latest version of BMW Group’s CLAR modular platform which supports conventional powertrains in addition to hybrid and battery-electric options. There are reports that even the future M5 variant will offer the choice of plug-in hybrid or battery-electric power, which would be the first time there’s more than one powertrain choice for the super sedan.

    Look for the redesigned 5-Series to debut in 2023 as a 2024 model. The M5 variant should arrive about six months to a year later. But before they arrive, BMW fans can look forward to new generations of the X1 and 7-Series, as well as a new X8 flagship crossover.

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  • Vinfast establishes US headquarters ahead of start of local sales in 2022

    Vietnam’s Vinfast only started selling cars in its home market in 2019 but the company is already eying exports of electric vehicles to the key markets of North America and Europe.

    In the case of North America, Vinfast said in January that it plans to start sales in the United States and Canada as early as 2022. The first models to arrive will be the VFe35 small crossover and VFe36 mid-size crossover.

    For the U.S., VinFast has established the local division VinFast USA headed by Van Anh Nguyen, and plans to open the first dealerships in California “soon,” Vinfast parent company Vingroup said in a statement to Reuters published on Monday.

    Vinfast has hinted that it will sell cars online and offer its EVs with a battery subscription, helping to bring the up-front cost of the vehicle down considerably. The battery subscription model has already been implemented by Nio in China.

    Vinfast VFe36

    Vinfast VFe36

    Vinfast only sold about 30,000 vehicles last year, most of them with internal-combustion engines. The company is only targeting about 15,000 EV sales for 2022, though this is a capped figure due to the global chip shortage, Pham Nhat Vuong, chairman of Vingroup, said at the company’s annual meeting in June.

    Production of Vinfast vehicles is handled at a plant in Hai Phong, Vietnam.

    The VFe36 is likely to be the best bet for our market. It has a length of 201 inches and a dual-motor powertrain generating a combined 402 hp. The battery is a 106-kilowatt-hour unit that Vinfast estimates will deliver over 300 miles of range. Premium features include a 15.4-inch infotainment screen, panoramic glass roof, and matrix LED headlights.

    Vinfast will need to raise cash to fund its ambitious growth plans. The company has hinted that it may launch an initial public offering in the U.S. or go public via a SPAC deal.

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