India’s Mahindra & Mahindra has big plans for Pininfarina after acquiring a 76% controlling stake in the famous design house and engineering firm several years ago.
While the focus will be on fully electric SUVs, the first model of the bunch will belong to an entirely different segment of the market. Automobili Pininfarina’s boss, Michael Perschke, said that the first order of business will be to develop an electric hypercar. It will cost almost €2 million or about USD2.47M at current exchange rates and will be out at some point in 2020.
“It will be a true hypercar,” said Perschke, adding it will be able to cover up to 500 kilometers between charges. Details about the powertrain are not available at this point, but the yet-unnamed hypercar will have enough electric punch to hit 100km/h in under two seconds, so it will play in the same league with the second-generation Tesla Roadster (1.9 seconds).
The man in charge at Automobili Pininfarina also disclosed preliminary details about plans for a family of SUVs by mentioning the cheapest of them all will cost approximately USD185,200. Perschke went on to mention the high-riding models along with the hypercar will take advantage of Pininfarina’s 88 years of designing cars. At the same time, the cars will leverage on Mahindra’s involvement in Formula E by putting to good use the engineering solutions developed for the all-electric series.
The race is on to launch the world’s quickest EV taking into account both Pininfarina’s hypercar and the new Tesla Roadster are due in 2020. It remains to be seen which one will be out first. There’s also the oddly interesting Xing Mobility Miss R, another fully electric high-performance machine, which might actually beat them to the punch since it’s slated to go on sale next year. It’s aiming to complete the 0-100km/h task in just 1.8 seconds and will carry a starting price of USD1 million.