When you think of the brand Ferrari, you most likely think of luxury vehicles that have very powerful petrol engines. The Italian supercar manufacturer Ferrari will be launching its very first electric cars. This news may come as a shock to many fans, but this was due to happen with the everchanging world we live in.
Pricing and Customization
According to rumours, sources say Ferrari’s first electric car, due in the second half of 2025, will cost around €500,000. This will translate to around the $1 million dollar mark for Australians when it lands in Australia for sale. This all-new electric vehicle will still come with all the customisable options that Ferrari loves know and love.
Launch Timeline
Ferrari has announced that its first electric car will launch sometime to the end of 2026. Ferrari executives have reassured its customers that the electric engine will make a ‘credible’ noise, meaning it will sound like a Ferrari. This type of technology has been seen in other all electric vehicles in order to keep petrol engine lovers happy.
New Production Facility
Ferrari is to open a new plant next to its existing headquarters in Maranello, Italy. It will be used for manufacturing electric vehicles, as well as petrol and hybrid versions. Annual production is due to rise from 14,000 to 20,000.
Future Plans
Rumours also hinted at Ferrari working on a second electric vehicle sometime down the track. As you can imagine, the market for fully electric vehicles is nowhere as large as petrol or diesel, let alone fully electric vehicles in the high-end vehicle market. For this very reason, production for this vehicle should be limited. While the price tag may be somewhat high, you should keep in mind the amount of time, experts, money, and materials that have been spent and used in order to get to this stage and make this vehicle a reality.
Although Ferrari will inevitably transition to electric vehicles in the future, it has made it clear that it will continue to manufacture the V12 engine so long as it is permitted to do so under future regulations. Longstanding Ferrari enthusiasts can rest assured that they will still be able to buy gleaming 20-litre behemoths, amid the showrooms of new electric models.
