Koenigsegg was founded in 1994 in Sweden by Christian von Koenigsegg, with the intention of producing a world-class supercar. Many years of development and prototyping led to the company's first street-legal production car delivery in 2002.
In 2006, Koenigsegg began production of the CCX, which uses an engine created especially for that vehicle. The CCX is street-legal in most countries, including the United States. The list of models by Koenigsegg include CC, CCX, CCR and the latest Agera.
Apart from developing manufacturing and selling the Koenigsegg line of supercars, Koenigsegg is also involved in "green technology" development programs, including the CCXR ("Flower Power") flexfuel supercar. Koenigsegg is also active in development programs when it comes to plug-in electric cars' systems and next-generation combustion engine technologies.