Ferrari to debut first electric car in October 2025
Ferrari is set to launch its first-ever electric car in October 2025, as confirmed by CEO Benedetto Vigna during the company's Q4 and full-year financial results conference.
Details about the highly anticipated combustion-free model were kept under wraps, with Vigna stating that it will be introduced in a "unique and innovative" manner.
Alongside the electric car, five additional models are slated for release next year, including the 12Cilindri Spider and a replacement for the Roma, which ceased production last year.
Prototypes of the new electric supercar have been seen undergoing tests in Maranello, Italy, revealing a design that leans towards an oversized hatchback, complete with fake exhausts and high-voltage stickers indicating its electric nature.
Vigna has assured that the electric model will adhere to Ferrari's commitment to driver engagement, aiming to deliver "authentic noise," hinting at the possibility of technology similar to Hyundai's Active Sound+ to mimic engine sounds.
Although reports from Reuters suggest that the price may reach as high as €500,000 ($829,580), Ferrari has yet to confirm this estimate.
The announcement arrives as Ferrari revealed that hybrid models accounted for 51 per cent of its sales last year, with plans for hybrids and EVs to constitute 80 per cent of their line-up by 2030.
Despite delays from competitors like Aston Martin in their electrification efforts, Ferrari continues to produce combustion-engine models, with Vigna advocating for the potential of synthetic e-fuels as a sustainable future for the brand.
In terms of financial performance, Ferrari reported an 11.8 per cent increase in revenue for 2024, with a slight rise in deliveries to a total of 13,752 vehicles.
Looking ahead, Vigna forecasts "robust growth" in 2025, contrasting the challenging economic conditions faced by many mainstream automotive companies.
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