Expanding on their brand subtext of Norse mythology, Aston Martin this week revealed the Valhalla. The model follows the $3 million Valkyrie hypercar—aka the AM-RB 001—which appeared early in 2017 and had its 150-example production run finalized late in 2019.

Taking off from the Valkyrie is the Valhalla—less a mythological figure than a mythological place, and perhaps that is apropos, as the new model is a PHEV, and indicates the alt-fuel destination of the automobile powertrain in this decade. The 1,000-horsepower Valkyrie has a naturally aspirated 6.5L V12 as a heart; this new Aston gets 937 horsepower out of a super-efficient setup of an AMG 4.0L V8 biturbo and a pair of battery-powered motors, one dedicated to the front axle, and the other working the rear with the V8. The model is outfitted with an eight-speed dual-clutch gearbox.

The Valhalla is prettier than the Valkyrie, and pretty by any reckoning for such a technical design; it trades the latter’s FI muscle for the sculpted grace expected of an Aston road car. It will also be around for a longer period of time, as a change in leadership at Aston has reoriented the new model as a regular production car, dropping the ante to $800K at the same time.

Initial deliveries of the Valhalla are expected to appear toward the end of 2023.