Performance specs of the upcoming PF0 hypercar have been officially released ahead of the private showing at next week's Pebble Beach Concours d'Elegance.

The carmaker has claimed that the PF0 will be capable of getting from standstill to 100kph in "less than two seconds" and go on to crack the 300kph barrier. A new sketch has also been unveiled, previewing the car's design from the rear, while a video shows company chairman Paolo Pininfarina describing the car's long-awaited launch as part of "an American dream".

The PF0 is the first production car solely branded as Pininfarina from the renowned Italian design house. A maximum of 150 examples will be produced and sold globally after its 2020 launch. It will act as a halo product, being the first of several all-electric models in Automobili Pininfarina's product plan.

The confirmation of the PF0 debut at Pebble Beach was released alongside sketches of the PF0's interior, showing a minimalist and driver-focused layout for the two-seater. More details have yet to be revealed, but the production car will be priced to compete with the hypercars elite – including the Bugatti Chiron.

Referred to as Project Montana previously, Automobili Pininfarina will follow its top model (which could take influence from the H2 Speed) with three SUVs that are all set to arrive within five years. The biggest – codenamed PF-One – will be a high-performance answer to the Lamborghini Urus. The other two will be rivals to the Porsche Cayenne and Porsche Macan. All will use their own version of the same modular underpinnings.

A source said that the Pininfarina car brand will be given an initial investment of around Rs. 700 crore from Mahindra to fund the creation of its model range. “Establishing Automobili Pininfarina as a leading sustainable luxury brand is our strategic vision and will be a dream come true," said Automobili Pininfarina CEO, Michael Perschke. "It will combine 88 years of iconic design heritage with leading-edge electric vehicle competence of the Mahindra group and Mahindra Formula E racing. It’s a powerful combination."

Mahindra intends to invest a total of about Rs 3,500 crore into Automobili Pininfarina over five years. The new brand will work independently of its parent’s EV division, Mahindra Electric, with operations based in Europe.