Pininfarina Planning To Make Electric Cars; Rival Tesla

Carprices Team / Posted On - August 23rd 2022

Pininfarina, the legendary Italian car design firm and coachbuilder, is apparently going to expand its field of expertise. It is making plans to start manufacturing electric cars. If the reports are to be believed, the Italian firm will focus only on premium segment and will soon unveil its first electric car at the next Geneva Motor Show.
Pininfarina, now owned by Mahindra Group, already has a new electric car under development. With Mahindra's expertise in Formula-E and general electric, Pininfarina would utilise all the resources optimally. The initial plan is to launch one product for sale but there are other models too down the pipeline which includes an SUV, a sedan and a crossover or hot-hatch. All these ideas will take time to become a reality and Pininfarina is expecting to complete it in a time period of 3 to 5 years. Markets like the USA and Western Europe will be targeted in the starting days of the sales.
Commenting on this news, Anand Mahindra, Chairman and Managing Director, Mahindra Group, said, “That (manufacturing cars) was the dream of the founders of Pininfarina. So when we acquired it - I personally made a promise to them that when we invest we will fulfil the dream of the original founder of Pininfarina.”
Like we mentioned before, Pininfarina's primary concern will cater to the needs of the premium segment of electric cars. This automatically means that the product will have top-class features. But would everything be sufficient enough to compete against Tesla? That we'll have to wait and watch.
Source

Latest News

Stylish And Versatile New Citroën C3 Aircross | No...
Celebrating The Classic Style Of The Original 1965...
New Audi e-tron GT Prototype Meets The Ducati Pani...
Maserati Unveiled Their First Ever Drop-Top EV The...
Porsche To Celebrate 50 Years Of Turbo At The Retr...
10 Best Cars To Buy In UAE Under AED 100K In 2024 ...

FROM LAST TWO WEEK

Stylish And Versatile New Citroën C3 Aircross | Now Can Seat Up To 7 People!
April 18th 2024

Celebrating The Classic Style Of The Original 1965 With The Ford Mustang 60th Anniversary Package!
April 18th 2024

New Audi e-tron GT Prototype Meets The Ducati Panigale V4 R!
April 16th 2024

Maserati Unveiled Their First Ever Drop-Top EV The GranCabrio Folgore!
April 16th 2024

Porsche To Celebrate 50 Years Of Turbo At The Retro Classics In Stuttgart, Germany!
April 15th 2024

10 Best Cars To Buy In UAE Under AED 100K In 2024 | Best Cars And SUVs To Buy In The UAE!
April 12th 2024

2024 Mercedes-Benz EQS Gets An Extensive Update With Upright Star And Even More Range!
April 12th 2024

The New Alfa Romeo Milano Is A Compact SUV That Exudes Sportiness!
April 11th 2024

Lamborghini Huracan STJ Pays Homage To The Huracan Line-Up!
April 10th 2024

2025 Toyota 4Runner SUV | Refines Off-Road Adventures With Modern Touches!
April 10th 2024

Popular News

Article Image
Best SUVs To Buy Under AED 100,000 in UAE in 2024
Article Image
Best New Cars To Buy In UAE Under AED 100,000!
Article Image
All-New 2024 Toyota Land Cruiser Prado Returns To Rule The Off-Roads!
Article Image
Top 10 Best Chinese Car Brands In The UAE
Article Image
Top 10 New Hybrid Cars To Buy In UAE Under AED 230,000
Article Image
Top 10 Chinese Cars To Buy In UAE In 2023!
Article Image
10 Best New SUVs To Buy In UAE Under AED 80,000
Article Image
Top 10 Most Fuel Efficient Cars in UAE | Fuel-Efficient Car in Dubai
Article Image
10 Important Things To Know About the 2024 Toyota Land Cruiser Prado Before Its UAE Launch
Article Image
2024 Toyota Land Cruiser 70 Series Revealed!