Electric cars are on the rise and their future is becoming more and more dependable, with numerous car creators reporting their intentions to create their own particular models. Famous auto design studio Pininfarina have turned into the most recent illustration of this phenomenon, announcing their goals to establish their own brand. Possessed by the Mahindra Group, Automobili Pininfarina is being displayed as “the world’s newest sustainable luxury car brand.”The organization anticipates launching its first electric hypercar in 2020.

Administrator of the Mahindra Group, Anand Mahindra is eager to advance the new business. “Italy’s renowned design expertise produces objects of true beauty and unique style. Drawing upon the pedigree and design vocabulary of the … aesthetic heritage we will develop a rare collector’s item that only a handful of connoisseurs will ever own. It will be an innovative and pioneering product powered by high technology.”

Insights about the hypercar are so far inadequate, however, the company themselves have guaranteed it will have the capacity to go from 0 – 186 mph in 11 seconds and achieve a top speed of more than 250 mph. This is because of the effective energy cells that will be incorporated into the vehicle.

Pawan Goenka, the Managing Director of the company said “we believe that this is the perfect time to launch Automobili Pininfarina. Given Mahindra’s growing EV expertise from our participation in Formula E racing where we are currently second in the constructors’ and drivers’ championships, and Pininfarina’s design expertise that will allow us to develop stylish, extreme-performance, electric vehicles for global markets.”

Paolo Pininfarina, grandson of author Battista Farina, will proceed as the executive of Pininfarina SpA and he contemplated: “We are pleased to welcome the new company Automobili Pininfarina which represents an additional client for Pininfarina SpA, joining the list of the many prestigious car makers for which we will be designing cars in the future. This project helps me and my family to realise my grandfather’s dream of seeing outstanding innovative cars solely branded Pininfarina on the roads.”

The declaration is certain to kick off the upcoming few years in the Italian producer’s story.