Bugatti's second model will be unlike any car sold today

It might be electric, too.

Bugatti is developing a second model to sell alongside the Chiron. While full details about the car remain under wraps, the company's chief executive recently hinted the yet-unnamed model will be completely different than its bigger sibling, and unlike anything else currently sold around the world.

"It's clear that when you think about the second model, you always have to see what [the body style could be]. Believe me, we really looked into every detail of the body style, and I think that there is one that is very promising for a company like Bugatti. [It's a body style] which is not today on the market," company CEO Stephan Winkelmann told Motor1.

He didn't provide additional details. However, his statement seemingly rules out a long-rumored SUV, a sedan in the vein of the 16C Galibier concept, and a Chiron-like coupe. Regardless of what it looks like, it will arrive as a smaller, more affordable, and more daily-drivable car than the Chiron. That doesn't mean Bugatti will go into Toyota Supra territory, though. Its second model will cost at least $1 million.

The French automaker previously confirmed its quad-turbocharged, 16-cylinder engine has nearly reached the end of its life cycle. What will power the Chiron's successor remains to be seen, and Bugatti still has time to figure it out, but the second model could go in a completely different direction.

"This could be, for example, a full electric car," Winkelmann said. He added a Bugatti-badged EV would need to be "the best of its kind."