Mahindra group-owned automotive design firm Pininfarina may be commonly noted for its sensational coachbuilding efforts, but now Pininfarina is planning to expand its portfolio. The Italian automaker has possibly signed a deal with Iranian automotive company Iran Khodro following a flurry of electric cars unveiled at Auto Shanghai show. The said deal will see Iran Khodro, which produced vehicles for Iranian Samand, Peugeot and Renault to be sold in Iran, to reportedly produce a new platform.
Previously, Iran Khodro heavily depended on platforms from different automakers, primarily France's PSA Group. Now the said platform that they will be working on will be a modular chassis that is made specifically to be utilized in at least 4 different vehicles. The platform will approximately cost around €70 million ($76 million) to develop.
The first phase is a passenger car that will be made for the midsize category and will take the form of either a small SUV or a sedan, perhaps. A total of 3 years will span for the agreement done between Pininfarina and IKCO, and will not only include the platform development, but will also tackle concept architecture, body design, as well as a product development throughout virtual and physical validation.
CEO Silvio Pietro Angora said that the agreement that was done with Iran Khodro strongly indicates another step take towards the growth strategy of Pininfarina on markets like the new Silk Road and the Middle East. He added that they are happy to contribute to the further development of the Iranian Automotive Industry via a very important style and engineering system for our company.
This isn't the first for Pininfarina to have a joint collaboration with another company, as the Mahindra group-owned automotive firm also partnered with the Chinese company Hybrid Kinetic Group for the production of the H600 sedan which is geared for production by the year 2020 and also the Fittipaldi EF7 supercar which boasts of a 600 hP (447 KW) produced by a V8 engine.
It is now rumoured that an electric supercar is in the works together with Mahindra and is slated to make its way to the United States. Iran Khodro is looking forward to produce the first car based on the platform to be sold in the next 2 to 3 years. The said vehicle will be possibly sold in their homestead, but Iran Khodro is not denying plans to broaden sales outside of their territory.
Kamran Sepehri, Iran Khodro deputy CEO, said that the new platform was needed to guarantee a long-term viability for their company. He further explained that the company wants cars that can go head to head with releases from more prominent automakers if it wishes to increase market sales in more countries worldwide. The Iran based automaker is setting up a goal of exporting about 30 percent of the cars it will build by the year 2025.