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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.
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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.

·Vienna, Austria
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MotorTrend broke the news in on Thursday, October 9, 2025.
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