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Pininfarina teases its Tesla- and Bugatti-baiting EV supercar

Pininfarina isn't being bashful when it comes to getting into the car business. The Italian design house has revealed a sketch of the PF0 Concept, an electric supercar aimed directly at the world's fastest and most expensive vehicles. With upward of 1,000 horsepower, along with an expected price in the millions of dollars, this extreme EV is meant as a calling card for Pininfarina's upcoming range of electric cars and SUVs. So should the likes of Tesla, Porsche, Ferrari, Bugatti and Lamborghini be worried? Pininfarina might be new to building its own cars, but the company has many decades of experience designing and engineering some of the most desirable cars of all time — including many of the finest supercars to have worn a Ferrari badge on their nose. As we reported earlier this year, Pininfarina has teamed with Indian auto manufacturer, Mahindra, to develop a range of high-end EVs. With this roughly $500 million investment, not to mention some engineering help from Croatian supercar manufacturer, Rimac, Pininfarina aims to start high. The company will first introduce a hypercar, based on the PF0 Concept, within two years, then bring along a range of more affordable electric cars and SUVs. These will more directly take on the likes of Porsche Cayenne, Lamborghini Urus, and Tesla Model X. So yes, if you're in the business of building expensive cars, especially ones with a lot of batteries positioned inside them, Pininfarina's plans for the PF0 (that's a zero, not the letter "O," by the way) should make you sit up and take notice. "Automobili Pininfarina is a pioneering new business created to service the most discerning clients in the world," said Michael Perschke, CEO for Automobili Pininfarina. "Our product portfolio will launch with an innovative, zero-emissions hypercar that represents the progression we aim to make at the pinnacle of the luxury and sports car market." According to its press release, Pininfarina is currently presenting its "business and product plans to prospective retailer partners, clients and media in New York this week." After its tour of the Big Apple, look for Pininfarina to officially reveal the PF0 Concept during Monterey Car Week in August. Related Video: Design/Style Green Bugatti Lamborghini Porsche Tesla Electric Future Vehicles Luxury Performance Pebble Beach supercar mahindra hypercar Rimac

Chinese Tesla Model S buyers to get free license plate... a $15k value

Tesla buyers in in Shanghai, China, are getting even more of an incentive to choose its electric sedans. Each purchase of a Model S in the city will come with a free license plate.
That might not sound very important, but Shanghai operates under a government-organized auction system to distribute plates. Last year, they were selling for as much as $15,000, according to Car News China. The measure is a way to control the number of cars on the road, which contribute to the city's bad traffic and poor air quality.
Electric cars are exempt from the auctions and get a free license plate. However, that rule only covers Chinese-made electric cars. Obviously, Tesla doesn't build cars there (at least for now). But the Shanghai government will exempt 3,000 foreign electric cars per automaker to receive free plates, according to CNC. After they are gone, the company would have to go back and ask for more.

Hertz adds Tesla Model S to Dream Cars fleet

The Tesla Model S is slowly infiltrating our rental car and chauffeured lives, having already gone to Las Vegas with Zappos as a taxi and San Francisco with car-sharing service Get Around. Now a lot more people will have the chance to get into one with its inclusion in the Hertz Dream Cars fleet, joining 19 petrol-powered rockets like the Aston Martin V8 Vantage, Mercedes SLS AMG and SRT Viper. What's more, in case you missed it when it was new, the Tesla Roadster will join its sibling in the Dream Cars corral.
Although the Dream Cars are available in 35 markets, the Teslas will only come to two: San Francisco and Los Angeles airports. The rental Model S gets the 85-kWh battery with a range of 265 miles, and appears to be the P85 Performance model since Hertz lists a 0-to-60 mile per hour time of 4.2 seconds.
You can read more about it in the press release below, and if your vacation plans include California, this could give you a chance to get into a Model S faster than someone who buys one.