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Ferrari's Electric Era: Delayed Ambitions Amidst Market Hesitation

  • Ferrari plans to present its first fully electric vehicle this October and begin deliveries in October 2026 in Italy.
  • The company delayed its second fully-electric model from the originally scheduled 2026 launch to at least 2028, citing negligible demand for electric sports cars.
  • Ferrari considers its initial electric vehicle a limited-edition milestone, while the follow-up model is planned as a higher-volume offering, with expected deliveries totaling several thousand units throughout a five-year period and priced above $500,000.
  • An anonymous insider indicated that there is currently little to no genuine, lasting market interest in electric sports cars, reflecting a wider cautious approach within the industry, including competitors delaying their electric vehicle developments.
  • The delay allows Ferrari more time to refine its EV technology, suggesting cautious progression amid uncertain market interest in high-performance electric luxury vehicles.
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The Edge Markets broke the news in on Tuesday, June 17, 2025.
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