Both small and big car companies make sports cars that reach many people. Some companies make supercars only millionaires can afford them and there are only a few companies that make hypercars, not IT startup founders only rich people with oil wells can afford them. Many companies make fast cars but I haven't made a dedicated article on them. Even if it's Porsche or McLaren. But there is one company that forced me to make this and that's the company, Koenigsegg by Christian von Koenigsegg.

This is a company that broke all speed records of any production cars and that has been troubling even Bugatti that's batched by Volkswagen VW. This company with 500 employees did so many innovations within 3 to 4 years that not even Lamborghini could make in its whole run-time. A car from this company was priced at a price of a ton of Ferrari. In this article, we'll understand Koenigsegg's history the speed record efforts of their cars their hypercar records, and their innovations. So, stay attentive till the end.

Koenigsegg Founder's Childhood: Christian E.H. von Koenigsegg

Christian Erland Harald Von Koenigsegg was born on 2nd July 1972 in Stockholm, Sweden. And just after five years, the petrohead within him roses. Actually, at 5 years of age, Christian Von Koenigsegg went to watch a Norwegian animated movie, Flåklypa Grand Prix along with his father. In the movie, a boy makes a sports car out of scrap and wins the F1 race. Though it was an imaginary story, this made an impression on Koenigsegg. He decided to start a sports car company. He didn't think, he started making these in his childhood. Like, he made a go-cart at a very young age with his father's help. To keep his love for cars alive, he started selling mopeds at 15.

How did a chicken businessman shift to manufacturing luxury supercars? 

But we know this car business is very capital-intensive. Because of this when Mr. Koenigsegg wanted to start a car company, he needed a lot of capital. To arrange the capital, he started a frozen chicken business, where he buys frozen chicken and sells it to buyers at a profit. He could make an early success and he became a huge frozen chicken businessman in Sweden. And he made so much money by selling frozen chicken that now he can make his childhood dream into a reality. His dream was to start a car company. A Swedish automotive company.

Pursuing Automotive Excellence: His Dream Unfolds

In the year 1994, he opened a car company called Koenigsegg. Now, Mr. Koenigsegg wasn't an engineer, so hired a team of engineers, and within 2 years, in 1996 he launched his prototype called Koenigsegg CC. This looked so awesome it gave other supercars a run for their money, just by the look of it. Just two years after their prototype, their first production model hit the market, by the name of CC8S. Which was made between 2001 to 2003 and only 6 units of this car were made. Right from the very first car, their intent was clear to make the fastest car in the World. Because CC8C, with its 655hp engine, can go up to 390 km/h top speed. 

Now, you may understand that the speed they claimed in 2003, is so fast that many sports car companies couldn't achieve this kind of speed in their production of sports cars, not Lamborghini, Porsche, or Ferrari. Yes, Ferrari made two cars faster than Koenigsegg but they both weren't road-legal and were made for racing championships. Something even more interesting is that the Koenigsegg, in its CC8S, used a supercharged Ford Engine. And Ford is a company that doesn't make a car similar to Ferrari. After CC8S, comes Koenigsegg CCR, and this time, instead of using a Ford Engine, Koenigsegg made their block based on this engine. They did this to achieve their claimed 395 mph speed. 

What is the Guinness World Record for the fastest production of a hypercar?

If you notice, this is just a little more compared to their previous car. Then, why did they put so much effort into this? They did this to break the high-speed record set by my McLaren F1 in the 90s. From making Carbon material in their car so that it can be lightweight. And they did it on February 28, 2005, with their CCR and by doing this they made it into the Guinness Book of World Records for the fastest production car. But this record was broken by Bugatti in November 2005, and the car claimed this record under its name for a long time. Now that Bugatti is their rival, they needed even more faster cars. 

Crafting Power: Knowingness's Engine Innovation

They made CCX for Koenigsegg produced CCX from 2006 until 2010, and they made 29 cars in different series. For the first time, with this series, they could break the 400 km milestone. The first three models of CCX went up to 400 Kmph top speed but their Trevita broke this record with 410 Kmph of claimed top speed. But it was really hard to achieve this with a Ford-inspired engine block, and because of this, for the first time, they made a 4.7-liter twin supercharged V8 engine, which could produce 795 to 1004 hp in their later models.

Whose engines power which cars? Uncover the automotive collaborations.

If you think about it, it's a huge thing to make a performance engine of their own, especially for such a small company. And you can understand how hard it is when you compare it with similar-sized companies. Like, Pagani from Italy did not make their engine and they used Mercedes-AMG engines. Apollo, a super-niche hypercar company uses Audi Engines in their cars, many Maserati cars use Ferrari engines, and many Aston Martin cars are found using Mercedes engines, and similarly, Lamborghini Urus the engine is made by Audi. All these show how difficult it is to develop a performance engine.

Agera

But still, Koenigsegg made their engine and it was just the beginning. Agera came in 2010, and Koenigsegg fitted this with a 5-liter V8 engine this engine was so versatile that Koenigsegg produced it from 2010 to 2018 and they used this engine in special editions of Agera. Throughout this period, the power and the speed of these engines leveled up. In Agera, this engine produces 947hp with a top speed of 420 mph. 

Successor cars of Agera

This power and speed stopped at Agera RS with 1341 hp and 457.94 mph top speed. This speed was so high that this car, in its test, broke the Bugatti's previous record. But this is not the speed record of Koenigsegg because Agera is followed by Regera, was a successor to Agera, followed by Jesko and Gamera and, with Jesko, Koenigsegg broke all the top speed limits because this car of theirs can reach 310mph claimed speed; it means a speed of 500kmph. Imagine how would it feel to go at 500kmph.

Koenigsegg: What groundbreaking innovations are every 5 years till now?

Now, Koenigsegg had made over-engineered, powerful, high-speed cars, but along with this, this small company makes so many innovations every 5 years that not even big sports car companies like Lambhorgini might not have done in their whole lifetime.

Hydracoup: Regera

Like, Koenigsegg, in their Regera, an 1800hp hybrid hypercar installed a single-speed direct drive system. I mean, this car doesn't come with a conventional gear system this car runs on a single-gear ratio and this goes from 0 to 400 on a single gear. Koenigsegg invented their own highly rigid, over-engineered torque-converted system and called it hydracoup to make this possible. Apart from this, their battery pack is a work of art on its own. Because this can discharge ten times faster than a normal electric car. It can dump its power so its high-powered motors can work faster. And its regeneration is also ten times faster than any other car. Apart from this, the battery pack weight of this car is only 64kgs which is comparatively very light because a less powerful car, the McLaren P1 has a battery pack of 106kgs. 

Gemera car

Similarly, Koenigsegg made a four-seater hypercar named Gamera. And they made so many innovations to save space more than any of their cars. Like, Koenigsegg Gamera's electric motor is only 28kgs and it's slightly bigger than a cool drink can. But this single motor produces 355hp. Similarly, Koenigsegg made a 2 liter 3 cylinder engine for Gamera and this engine can produce 600hp. This is the first engine of its kind, and because of this Koenigsegg calls it a tiny friendly giant since it produces so much horsepower despite being very small. 

"Innovation in Flex Fuel Sensors"

Apart from engine and power trends, Koenigsegg has made many innovations, such as a flex fuel sensor, which allows these hypercars to run on any flex fuel. Think about it, today's sports cars ask for high-octane fuel but these hypercars are ready to run on any flex fuels to be environmentally friendly. 

Koenigsegg has innovated auto skin hinges, with the help of all Regera's all moving panels can be controlled hydraulically and this whole hydraulic system weighs only 5 kg. Now, all these innovations this company has made knowing all these make us think that these are made by companies like VW. Companies like VW have unlimited resources. And this thing about Koenigsegg always shocks me that this company has only 500 people. 

I mean, this small group of men make all the innovations that can shock even bigger car companies. And this proves that the quality of manpower is always superior to the quantity of manpower.

 Who will take this Chinese cart? We are insulting MG Motors too much. Now the company has officially become Indian. Like we treat Mahindra and Tata Motors in India. Now we will have to treat this company like them. Which counter of MG Operations in India did they take? Sachin Jindal (JSW Steel Chairman) bought the operations of MG India.

Shanghai Automotive Industry Corporation (SAIC) purchased MG UK in 2007. It is a big brand and they had terrible cars. So why don't we buy them and make wonderful cars in their name? Together with GM at this time, They were selling many cars in China and GM was working very well in India.

Why Did MG Cars Suddenly Face Performance Issues in India?

MG Launches MG India Pvt. Ltd.: A Game-Changing Move!

Even though GM has failed in India. We will launch affordable cars, and we will try the Indian market. Then in 2017, they registered a company named MG Motors India Private Limited in India. So this means that they do not sell cars in India in their name, they are going to sell in the name of MG which is a very smart move. Because in 1924 India sold cars in MG. But MG already has a powerful brand value, as compared to SAIC. MG is still fine Then it launches Hector in 2019 for around Rs 12 lakh. It's quite a decent price. This vehicle gets a very strong response and then this brand unveils its Gloster. Then Aster, and then ZSEV.

The problem was that in the last 2-3 years the sales of this company have almost tapered off and have become almost saturated. Around 50,000 units per year, if this brand has to be done above this this brand needs more investment SAIC is not ready to invest much because they are scared of the Indian Government. Because our Indian Government had already stopped investment in BYD and Wall. Also, a lot of investigation is going into the Indian operations of Chinese companies. They are making high profits but they are not paying tax on the profit to the Government of India. Because a lot of investigation is going on, So SAIC is afraid that if we invest the money and the government blocks the money then what will we do?

MG Seeking Indian Partner to Strengthen India Operations

That's why they have been looking for Indian partners for a long time to run their Indian operations. Who can invest money with them and grow their India operations? It can reduce their risk and both parties can earn a lot of money. Some time ago news was coming that many Indian companies are interested in this. Like Reliance Group Hinduja groups, Jindal Group Tata Motors, and some said that Mahindra has a valuation of around 80,000 crores. 

People were also saying this because setting up a car company is tough. MG has already built a strong brand value. Also, if they get more investment, they can create even better money. Imagine if Tata Motors or Mahindra had bought it, then what a great title we would have! And anyway, this brand would have got a good upliftment. Because these brands have a strong reach in the market. They can conquer quite well. These brands have ₹ 35,000-40,000 crore cash lying there to invest in MG. The one whose valuation is Rs 80,000 crore was too much. That much valuation can't be obvious because Mahindra has a valuation of Rs 2 lakh crore in India. Force Motor's has a valuation of 4,000 crores. So MG Motor is selling cars at less than them and is asking for almost 20 times more valuation from them.

Official: MG Motors Forms Strategic Partnership with JSW

But, now JSW has officially bought a huge portion of MG motors for India operation. it has also been confirmed. Now this is no such Skeptical news. JSW Group Chairman Sachin Jindal and SAIC President Wang Xiaoqui met at MG headquarters in the UK and signed this deal. JSW Group is currently going to buy a 35% stake in MG Motors India Private Limited. In the coming time, he will make his majority stake by investing some more around 51%. With this, this company will no longer be a Chinese company and will become a completely Indian company. Because the majority of stakes are owned by Indians only, Around 5-6% stake is of employees. So, now it has become an Indian company. We used to make fun of it, no one can make fun of it. In the coming days, just like you respect Tata Motors or Mahindra, you can also give respect to this company, if not completely, then a little at least. 

Because profits are coming in India more than half. Because JSW group holds a 35% stake in this company. So valuation is not confirmed yet. You can assume it to be around Rs 10,000 crore. So JSW group is going to invest between Rs 2,000- 4,000 crore in this company. And this will be used to increase the production output and scale of the company. It is not that any promoters should exit, owners exit or sell their shares. And in this, SAIC still provides their support and new models. So that MG can launch in India by changing them. They will provide better technology and whatever technology they are making in the international market. All that is going to be given to this Indian group. So that it does not happen that SAIC has washed its hands that now we are not going to support anything because our share was sold.

JSW's Indigenous Part Manufacturing: Key MG Advantage

Elsewhere, JSW Group will focus on expanding its Indian operations. Will also focus on its Indianisation. Most of the parts of cars this company come from outside the market, especially from China. But now this brand is focusing on the Indianisation of its parts, For example, the small motherboards, electrical parts or lights, etc. Also, JSW Steel is a stronger steel manufacturer than whatever steel it will use in the car. They will source directly from there. They will bring raw materials from the company and sell them on their own and will conquer the market very well.

SAIC and JSW Chairman: Exploring Their Business Relationship

This is very good and in this, the President of SAIC says, “The automobile business is a global industry, and like any other similar industry, access and collaboration are crucial for its healthy growth”. Wow! What a line. Wang Xiaoqui wow! We are very pleased. He also says "SAIC has always adhered to the 'win-win cooperation Our approach is core capabilities and expanding our scale of production and sales in the growing Indian automotive market.

Both partners shall work closely to bring in the best of innovation, in creating greener and smaller mobility products and serving our consumers Seizing market opportunities, continuously expanding the brand influence and market share of products, and achieving greater success for MG in India" Wow! What a line! Mr. Wang Xiaoqui, you are a very good person.

 After this, the Chairman of Jindal's JSW Group said “We would like to thank SAIC and MG Motors for choosing JSW as the partners of their choice and look forward to building one of India's largest automobile companies together”.

MG boasts a storied history and undeniable success. It's an immense privilege to steer this brand and company forward, partnering with the formidable global entity SAIC. The anticipation is palpable as we embark on this journey after 6-7 months of ongoing discussions.