In the 10 years that Koenigsegg has been manufacturing supercars, the company has only ever had a single model in production at any point during that time, although many of these came in a handful of variants. For example, the current Agera comes in stock Agera form as well as in Agera S and Agera R flavors. However, Koenigsegg may now be ready to launch a second model line, and we hear it may be less expensive than any of Koenigsegg’s previous cars.

Speaking with Motoring at the recent 2014 New York Auto Show, Koenigsegg CEO and founder Christian von Koenigsegg revealed that his company is looking to introduce a model costing between $600k and $700k to its lineup. That’s approximately half what it costs to purchase Koenigsegg’s Agera-based models and a bargain compared to the limited edition One:1, which the Koenigsegg boss revealed cost each of its six lucky customers a staggering $2.85 million.

No details on the new model were revealed, but like all Koenigseggs it is expected to retain a high degree of exclusivity and insane performance.

At present, China is Koenigsegg’s top market but the company sees major growth in the U.S., which is currently second in the sales chart. The recent New York Auto Show appearance was Koenigsegg’s first at a major North American auto show and it was also important as the company has just signed up with local prestige dealership Manhattan Motorcars. Although Koenigsegg’s new One:1 is sold out, the company is still building its Agera range of cars, and soon there could be a new addition.

Stay tuned for an update.

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