It is a manufacturer company of high performance sportscar. The company was founded in 1994 and headquarterd in Angelholm, Sweden. The founder Christian von Koenigsegg thought of producing a world class super car and later on in 2002 the company produced first street legal production car after many years of development.
Koenigsegg Automotive has 90 shareholders. It started the production of CCX in 2006 and the company also works on "Green Technology" development programs and plug-in car system. Koenigsegg CCXR was chosen as one of the ten most beautiful cars in the history by Forbes.