Ferrari will move forward with its EV plans in 2025 despite the electrification contraction at many low-volume luxury automakers.
The primary electric Ferrari is about to debut on Oct. 9. Ferrari CEO Benedetto Vigna confirmed the date of the automaker’s first EV date during its Q4 and 2024 earnings results on Tuesday.
Vigna called the upcoming EV the elettrica, which is Italian for electric. Elettrica will not be expected to be the EV’s name.
The EV will probably be one among six latest Ferraris set to reach in 2025, a few of which is perhaps electrified.
Ferrari revealed in the course of the sales recap that 51% of vehicles sold in 2024 were hybrids. Electrification has taken hold in Maranello.
Ferrari e-building
Ferrari built a brand new factory only for electric cars. Set at home in Maranello, the factory is referred to as the e-building, and it’s able to constructing gas-powered engines, electric motors, battery packs, and hybrid powertrain components. Ferrari has said it could adjust the combo to satisfy demand.
In 2024, Reuters reported the primary electric Ferrari would start at 500,000 euros, which on the time was roughly $535,000 but is now $518,828 roughly. The pricing will make it the costliest non-limited-production model within the automaker’s lineup. Reuters reported the common Ferrari cost 350,000 euros ($363,091 roughly).
Ferrari’s first EV is anticipated to be a crossover SUV-like model.
It is perhaps powered by axial-flux motors, or in-wheel motors while also featuring sound generators to mimic 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 might offer an annual subscription for its EV battery warranty costing $7,500 per 12 months. The subscription was said to incorporate battery replacements after eight years.
This Article First Appeared At www.greencarreports.com
