Christian von Koenigsegg has revealed more details about his company’s upcoming entry-level model.

Speaking with Road & Track, von Koenigsegg said the car will debut at next year’s Geneva Motor Show and won’t be as extreme as their other products. As he explained, “It will be more of a road car, not at all track focused.”

Koenigsegg wasn’t ready to talk specifications, but he did say the car will be electrified and have a naturally-aspirated V8 engine with Freevalve technology. The latter is a bit hard to explain, but it’s a camless engine which uses fully variable valve actuation. This allows engines to produce more power while also using less fuel.

The car will be built in Ängelholm, just like regular Koenigsegg models, and the company is planning on building a “couple hundred” units annually. That’s still pretty limited compared to other supercar makers, but a massive leap for Koenigsegg.

Being an entry level model, it will also more affordable than the company’s more extreme supercars. Von Koenigsegg estimated the car will cost between $680,000 – $910,000 (£516,767 – £689,023 / €600,000 – €800,000).

Besides talking about the upcoming model, the Swedish brand’s founder said they are forming a new company. It will be focused on providing help to other companies seeking to develop new platforms, electrical systems and even carbon fiber wheels. He also suggested this will allow their innovations to trickle down to “normal cars.”

Von Koenigsegg also talked a little bit about their partnership with NEVS. As he explained, they had been working on their entry-level model for a couple of years and decided they needed a partner so their other projects wouldn’t be affected.

The company ended up going with NEVS, which surprised a lot of people. However, Koenigsegg’s boss noted the two companies have been working together for a while as they have been using Saab’s former testing facilities in Trollhättan.