The best and newest cars in the world are on display in Switzerland

The 88^and The Geneva International Motor Show kicks off this week in Switzerland, marking the first major exhibition of 2018 for automakers.

CNBC will be attending the show with continued coverage of the big reveals and here are some of the hot new vehicles that will be the stars of the event.

The Ferrari 488 Pista is said to house the most powerful V8 engine the firm has ever designed. Top speed, according to the company’s website, is over 211 miles per hour. Ferrari also quotes 710 brake horsepower (hp). Pricing, as yet unconfirmed, is expected to exceed $250,000.

In a bid to knock the Tesla off its perch as the luxury electric car of choice, Jaguar is unveiling its I-Pace. The emissions-free car seats five and claims a range of 298 miles. The UK-based company also said the SUV (sports utility vehicle) can hit 60mph in 4.5 seconds.

McLaren’s $1 million “Senna” car sold all 50 examples of its exclusive run to seriously cashed-in engine heads. Now, with an additional $250,000 added to the sticker price, comes the “Carbon Theme” edition. The yellow detail and green brake calipers are a nod to the Brazilian motor racing legend from which the car takes its name.

Dutch company PAL-V is selling its three-wheeled Liberty flying car for around $600,000 as the Pioneer edition debuts in Geneva. A cheaper model ($400,000) is on the way and will include flight lessons in the price. You will need a pilot’s license and, no, you are not allowed to just land on the highway.

Lexus has announced that it will hold the world premiere of its new UX crossover at the Geneva Motor Show on March 6. The manufacturer claimed that the handling of its new model “will be as nimble as a sedan”. The car is touted as a rival to BMW’s X1 and Audi Q3.

Will he or won’t he? BMW’s Z4 would be among the stars if it were to appear in Geneva. BMW previewed its version with the Concept Z4 last summer at Pebble Beach. The automaker has developed the sports car in conjunction with Toyota which will launch the latest version of its Supra model in Geneva using the same technology platform.