When you think of environmentally friendly cars, speed isn't usually one of the first things that comes to mind. Swedish car manufacturer Koenigsegg aims to change that with the introduction of the new special edition CCXR Supercar. The ethanol burning Koeningsegg CCXR Supercar is the second most powerful production car in the world, with only slightly less power than the SSC Ultimate Aero TT. This one-of-a-kind supercar can go from 0-100 in 2.9 seconds and has top travel speeds of 400km/h.

The CCXR sports a cast-aluminum V8 engine with 1,018hp capable of running on biofuel. Koeningsegg's new car runs on E85 biofuel consisting of 85% ethanol and 15% unleaded. Ironically the burning of ethanol cools the combustion chamber allows for higher pressure in the cylinder. Add that to biofuel's increased octane rating and you get one incredibly fast sports car. But the CCXR isn't just a speedy car, it's also a beautifully designed automobile with a removable roof.

Koenigsegg designed the CCXR as a follow-up to their ultra sleek CCX model. CCX owners will have the option of having their cars converted to the same engine specification as the CCXR for approximately $100,000. The Swedish car manufacturer will continue to produce the CCX, as biofuel isn't widely available yet.

If you're interested in purchasing one of these bad boys get ready to shell out around 3 million dollars, according to some estimates. Our friends at Trendhunter have the first photos and a video of the production model.

A PimpWiz Exclusive By Scott Bernstein

Labels: Cars, Scott Bernstein