Sino-Italian coachbuilder Icona has stolen the lion's share of the excitement at the Shanghai Auto Show this year with the reveal of the Vulcano. Previewed with a teaser shot and initial details a month ago, the Icona Vulcano is a supercar in the grandest of style. The design lead by former Nissan stylist Samuel Chuffart borrows some elements from the Lexus LFA and Ferrari F12 Berlinetta and combines them with a distinctive rear end in a rather striking overall shape.

Technical details remain sketchy, but reports indicate that the Icona Vulcano will be available in two engine specs, both of them seriously powerful: H-Turismo combines a twin-turbo V6 with a pair of electric motors to deliver 870 horsepower to all four wheels, while the H-Competizione spec uses a V12 and a solitary electric motor to drive 950 hp to the rear wheels. That's LaFerrari and McLaren P1 territory. Either powertrain is reportedly mated to a seven-speed transmission and could rev as high as 10,000 rpm. They were developed by Claudio Lombardi, who used to run Lancia's WRC team, and tested on an old Lancia 037 rally car.

The V6 model is said to tip the scales at 3,509 lbs and the V12 at 3,597, reaching 60 in 3.0 and 2.9 seconds, respectively, and topping out at 217 mph. Pricing and availability have yet to be announced, but Icona isn't likely to build many examples of this supercar. And of those it builds, don't expect them to come cheap, but there are surely enough wealthy oligarchs in Beijing, Shanghai, Macau and Hong Kong who'll be opening their check books wide enough to bring one home. What you can expect, however, is that the Vulcano will be just the first of many new products Icona will likely release in China and abroad in the coming years.