Ferrari will transfer ahead with its EV plans in 2025 regardless of the electrification contraction at many low-volume luxurious automakers.
The primary electrical Ferrari is about to debut on Oct. 9. Ferrari CEO Benedetto Vigna confirmed the date of the automaker’s first EV date throughout its This autumn and 2024 earnings outcomes on Tuesday.
Vigna referred to as the upcoming EV the elettrica, which is Italian for electrical. Elettrica isn’t anticipated to be the EV’s identify.
The EV might be certainly one of six new Ferraris set to reach in 2025, a few of which could be electrified.
Ferrari revealed throughout the gross sales recap that 51% of automobiles offered in 2024 had been hybrids. Electrification has taken maintain in Maranello.
Ferrari e-building
Ferrari constructed a brand new manufacturing facility only for electrical automobiles. Set at house in Maranello, the manufacturing facility is called the e-building, and it is able to constructing gas-powered engines, electrical motors, battery packs, and hybrid powertrain parts. Ferrari has stated it could regulate the combination to satisfy demand.
In 2024, Reuters reported the primary electrical Ferrari would begin at 500,000 euros, which on the time was roughly $535,000 however is now $518,828 roughly. The pricing will make it the most costly non-limited-production mannequin within the automaker’s lineup. Reuters reported the common Ferrari price 350,000 euros ($363,091 roughly).
Ferrari’s first EV is predicted to be a crossover SUV-like mannequin.
It could be powered by axial-flux motors, or in-wheel motors whereas additionally that includes sound mills to imitate an exhaust system.
Ferrari hasn’t laid out its powertrain, however the automaker partnered with SK On for battery packs in 2024. Bloomberg reported in 2024 that Ferrari would possibly provide an annual subscription for its EV battery guarantee costing $7,500 per 12 months. The subscription was stated to incorporate battery replacements after eight years.