According to Electrive, neither company disclosed which technologies Koenigsegg will offer for the Lightyear 2, as the Swedish manufacturer only made hybrid cars as far as sustainable transportation alternatives are concerned.

Swedish manufacturer of high-performance sports cars Koenigsegg did showcase at the beginning of the year a 30-kilogram electric motor with "Radial Flux Technology", which can supposedly deliver as much as 250 kW of power and 600 Nm of torque.

The Swedish company developed this new motor for its upcoming Gemera sports car and it is not clear yet if it will be used for the mass-market 30.000 euros Lightyear 2, as well.

Production of Lightyear's new car could begin sometime in 2024 or 2025.

Lightyear could deliver the Lightyear 0, its first solar-powered EV, as soon as November this year.

Lex Hoefsloot, CEO and co-founder of Lightyear, said that "Koenigsegg is top of the food chain in the field of high-performance sports cars. I’ve always admired their blend of incredible performance, design, and sustainable technology – this partnership shows we are clearly on the right track."

Christian vom Koenigsegg, CEO and founder of Koenigsegg, added that "the automotive industry is going through a massive transition to sustainable fuel and technology. Lex and his team have developed transformative technologies, and this partnership with Lightyear will ensure our products remain on the bleeding edge, which is great news for our customers."