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 raised its 2025 financial forecast despite 15% tariffs on foreign car imports to the U.S. as it revealed its first fully electric vehicle, the Ferrari Elettrica, set for delivery late next year.
- CFO Antonio Picca Piccon stated that the confirmation of the tariffs removed an important element of uncertainty for Ferrari.
- Ferrari projects net revenues exceeding 7.1 billion euros in 2025 and 9 billion euros by 2030, with an EBITDA of at least 3.6 billion euros on 40% margins.
- The new vehicle will feature a chassis made of 75% recycled aluminum, saving 6.7 tons of carbon dioxide per vehicle while maintaining the sports car experience.
181 Articles
181 Articles
Maranello has done so. The legend of twelve cylinders, leather and passion has found the plug – and plugged it in. And who believes it was with drama, with thunders, with myths that are wrong. The Elettrica is not a quiet end of an era. It is their electric Big Bang. With cables instead of pistons. "Electric, but emotional – that's the promise Ferrari makes to his first power supply. And that's what the engineers in Maranello take literally.
Ferrari announces launch of revolutionary new model alongside revision in long-term plans: 'Unparalleled sportiness … without compromises'
Recent announcements from Ferrari represented a mixed bag for electric vehicle enthusiasts. Along with unveiling details about the iconic company's first fully EV, the automaker also revealed that it was significantly cutting back on its future EV plans, according to Bloomberg. Ferrari's Elettrica will feature four separate electric motors, one for each wheel, providing the equivalent of 1,000 horsepower. Deliveries are expected to begin in late…
Ferrari exposes the guts of its upcoming 1000hp EV
The Elettrica’s motor can put out up to 1000 horsepower. | Image: Ferrari Meet the Ferrari Elettrica. Well, meet some of it. The Italian supercar maker lifted the hood on the technology that will power its hotly anticipated first electric vehicle, the Elettrica. At an event at its Maranello headquarters, Ferrari showed reporters the chassis and powertrain of the upcoming EV, including its battery pack and motors. No actual vehicle was revealed,…
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