The Indian squad revealed three designs, which it has conceptualised in conjunction with Italian car design firm Pininfarina.

With the championship set to open software development to individual manufacturers in season five, Mahindra has presented the concepts in order to "stimulate and curate a conversation on the future form and next-generation technology".

Chairman of Mahindra Group, Anand Mahindra said: “Mahindra is a pioneer of EV technology that is always striving to push the boundaries of this exciting new form of mobility.

"Our participation in the Formula E championship gives us yet another platform to co-create the future of mobility.

"While these innovative designs are a creative project at this stage, I would be thrilled to see the M5Electro look like this."

Concept A:

Mahindra Racing Pininfarina concept Photo by: Mahindra Racing

Mahindra Racing Pininfarina concept Photo by: Mahindra Racing

Concept B:

Mahindra Racing Pininfarina concept Photo by: Mahindra Racing

Concept C:

Mahindra Racing Pininfarina concept Photo by: Mahindra Racing

Mahindra Racing Pininfarina concept Photo by: Mahindra Racing

Pininfarina's CCO Fabio Filippini commented: “Formula E is one of the most exciting signs of the changes underway in the automotive world as well as in motor racing.

"Its success is the proof. Exercising our creativity on these sketches allowed us to imagine the evolution of this formula.

"A possible contribution of Pininfarina to the future development of a Formula E car would be a highly motivating challenge, fully consistent with our mission of creators and innovators in the automotive field."