Hispano Suiza has rolled out an all-new supercar named the Maguari HS1 GTC. The resurrected Spanish coachbuilder teased an all-new vehicle a few months ago, stating that it was 100 per cent electric.

However, as we’ve discovered, that vehicle is being developed by a company called Hispano Suiza Cars. By comparison, the Maguari comes from Hispano Suiza Automobile Manufaktur AG. Both companies claim to have the rights to the name, which indicates that a legal battle between the two is quite possible.

Powering the Maguari HS1 GTC is a V10 reportedly derived from the powertrain of the Lamborghini Huracan to which two electric compressors were added. Reports quote an extraordinary 1070 hp, a sprint to 62 mph (96 km/h) in 2.8 seconds and a 236 mph (379 km/h) top speed.

The Maguari gets its name from a stork found in South America and includes a bold emblem sticking out of the front bumper in the shape of the bird. Other intriguing parts of the supercar’s design include sharp headlights, a low-slung roof, a lightbar connecting the two taillights, white wheels, and quad tailpipes.

Hispano Suiza was founded in 1904 and was responsible for building a plethora of luxurious vehicles similar in vein to those from Rolls-Royce and Bugatti at the time. However, the company went dormant in 1968 and was almost revived first in 2000 with the launch of the HS21 supercar, which was followed a year later by the HS21-GTS.