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Mahindra Eyes $2.2M EV Hypercar Production

17 Sep

Summary

Mahindra & Mahindra is exploring fundraising for Automobili Pininfarina.
The goal is to initiate production of a $2.2 million electric hypercar.
Pininfarina SpA offers extensive automotive design and engineering services.

Mahindra & Mahindra is reportedly exploring various options to secure funding for its specialized unit, Automobili Pininfarina. This initiative is crucial for commencing the production of an ultra-luxury electric hypercar with a staggering price tag of $2.2 million.

Automobili Pininfarina is a distinct entity from its parent company, Pininfarina SpA. The latter, based in Italy, is renowned for its comprehensive services in automotive product development. These services span the entire lifecycle, from initial design and planning to industrialization and manufacturing phases.

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