Despite the global shift towards electric mobility, top-tier hypercar manufacturers like Koenigsegg and Pagani are not rushing to fully electric models — and they say there’s a reason.
Petrol Power Still Dominates the Hypercar Market
At the Goodwood Festival of Speed, two of the most elite hypercar brands, Koenigsegg and Pagani, stated they aren’t seeing real market demand for electric-only hypercars.
Christian von Koenigsegg: EVs Not Worth the Weight
Christian von Koenigsegg, founder of the Swedish hypercar company, said that while electric power has its place, their focus remains on pushing combustion technology to its limits — with a hybrid twist.
“Our customers don’t want electric hypercars. The technology isn’t light enough, and it doesn’t offer the same visceral experience,” he explained.
Koenigsegg’s latest model, the Gemera, offers both pure combustion and hybrid options — with the V8 variant producing a staggering 2,300 horsepower.
Pagani Also Not Going Fully Electric — Yet
Horacio Pagani, founder of the Italian marque, echoed similar sentiments. Despite developing EV prototypes for over five years, Pagani has yet to announce a production-ready electric model.
“We built an electric hypercar prototype five years ago — it works perfectly. But our customers simply aren’t interested,” Pagani told media at the event.
Their current offerings, including the Utopia, are powered by AMG-sourced V12 engines, emphasizing driver engagement over emissions.
The Main Issue? Experience and Weight
For brands selling cars worth millions of dollars, sound, vibration, and emotional engagement matter more than raw speed or green credentials.
While EVs offer torque and acceleration, they also come with heavy batteries that affect handling — a crucial aspect in the hypercar world.
Conclusion: The Market Isn’t Ready
Even as mainstream automakers race to electrify, the hypercar segment is holding its ground. For now, brands like Koenigsegg and Pagani are sticking to hybrid and combustion engines — because that’s what their customers want.
Whether that changes as battery tech evolves remains to be seen.
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