 Hey guys, I'm Vlad with The Verge, I'm here at the Geneva Motor Show 2016 and this cherry red beauty behind me is the Koenigsegg Regera. This car was actually one of the stars of the show in the 2015 Geneva Motor Show. It has 1500 horsepower, matching the Bugatti Chiron which is just going to be announced in a stand just over there a few moments from now. But for me, the Regera is, seriously, it's stunning. It's one of the most gorgeous cars. It was really beautiful last year, it still is. Three thousand parts have changed in the design over the past 12 months. So Koenigsegg says that this can go from 0 to 60 in less than 2.8 seconds. This is a more reasonable 1.8 million euros, around about 2 million dollars if you don't add any extras. So the big difference between the Regera here and Bugatti Chiron coming up is that the Regera actually uses an electric drive to supplement the petrol engine. That means you get 1500 horsepower but out of a more efficient machine and a lighter machine. So the Bugatti Chiron is going to be one of the most powerful and amazing machines ever, but the Koenigsegg Regera is lighter, it's more agile and that might contribute to a better driving experience. So Bugatti likes to talk about its cars as automobile sculptures and Koenigsegg is really living up to the same ideals and the same standards with this, the Regera. There's only 80 of them that are being produced. Koenigsegg have already sold 40. So if you have a couple of million dollars hanging around, now is the time. So that's our first look here at Koenigsegg's final production Regera at the Geneva Motor Show 2016. But it's only the start of our coverage so stay tuned to our YouTube channel, youtube.com slash the verge and the site for more.