Ferrari Offers Glimpse of First EV as It Trims Back Broader Plan
Ferrari's Elettrica features over 1,000 horsepower, quad-motor all-wheel drive, and advanced active suspension while targeting 20% electric models by 2030, scaling back previous EV goals.
- Ferrari has announced its first electric vehicle, the Elettrica, which features a top speed of 310 kilometers per hour and a range of at least 530 kilometers.
- The Elettrica is expected to cost at least 500,000 euros, with Ferrari aiming for 20% of its model line-up to be fully electric by 2030.
- CEO Benedetto Vigna stated that the electric car would complement existing models, emphasizing Ferrari's commitment to both electric and combustion-engine models.
- Ferrari's chief product development officer, Gianmaria Fulgenzi, called the unveiling an historic day and highlighted the importance of entering the electric vehicle market.
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The brand ensures that it wants to satisfy at the same time 180,000 "ferraristi" – the buyers of the cars, belonging to the most wealthy families on the planet – and 400 million "tifosi", in love with the car competition and Ferrari culture.

Ferrari goes electric with four-seat coupe but shares get shocked
Ferrari will begin its cautious shift to electric vehicles in 2026 with its first battery-powered four-seat coupe, but shares plummeted Thursday over a long-term profit outlook that fell short.
The Italian luxury car manufacturer Ferrari has presented its Strategic Plan until 2030, in which it reviews upwards its net revenue forecast.
The new industrial plan of Ferrari confirms the introduction of four new models per year between 2026 and 2030. Dividing accumulated of approximately 3,5 billion euros from 2027 to 2030. Title down of 14%
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