The primary totally electrical Ferrari is coming quickly. Ferrari is getting ready to launch its first electrical sports activities automotive, however it can include a hefty price ticket. The primary Ferrari EV sports activities automotive will value over $500,000 (500,000 euros). Right here’s what you possibly can anticipate.
The primary Ferrari EV sports activities automotive will value over $500K
That cherry pink Ferrari that catches your eye each time it passes goes all-electric. CEO Benedetto Vigna confirmed Ferrari will showcase its first EV sports activities automotive by the tip of the yr.
Ferrari is forward of schedule after taking a “big-big step ahead” late final yr. The electrical sports activities automotive is on monitor to launch within the fourth quarter of 2025.
As anticipated from the Italian luxurious sports activities automotive maker, Ferrari’s first EV will come at a premium value. In accordance with sources near the matter, the primary Ferrari EV sports activities automotive will value not less than $535,000 (500,000 euros).
The sources additionally advised Reuters {that a} second electrical Ferrari is within the works. Though nonetheless in its early phases, Ferrari’s second EV is anticipated to spice up output at its e-building.
In accordance with the sources, after producing lower than 14,000 automobiles final yr, plant output is anticipated to succeed in round 20,000.
The manufacturing unit will construct electrical motors, inverters, and batteries for brand new EVs and hybrids. It should additionally embody meeting.
Ferrari launched its first (sequence manufacturing) plug-in hybrid (PHEV), the SF90 Stradale, final yr as it really works to affect its lineup. By 2026, Ferrari goals for 60% of gross sales to be EVs or hybrids.
At over $535,000 (500,000 euros), the primary electrical Ferrari will value considerably greater than the typical luxurious EV promoting value, which is round $375,000 (350,000 euros).
In the meantime, rival Lamborghini formally revealed its first 100% electrical automotive, the Lanzador EV, final August. The smooth 2+2 electrical GT is anticipated to hit the market in 2028. Lamborghini is electrifying its whole lineup this yr with the Hurcan and Urus PHEVs launching.
Electrek’s Take
The hefty price ticket reveals Ferrari’s confidence in its product whilst most rivals are slashing costs. For instance, the brand new 1,092 hp Porsche Taycan Turbo GT, the model’s quickest street-legal automotive but, begins at $230,000.
The 1,020 hp Tesla Mannequin S Plaid (which Ferrari was testing earlier this yr) begins at simply $89,990. By 2026 or 2028, a number of new EV sports activities automobiles are anticipated to hit the market (at a a lot cheaper price).
For instance, BYD launched its first electrical sports activities automotive, the Yangwang U9, this yr. BYD’s Yangwang U9 begins at $233,400 (1,680,000 yuan) with a 0 to 62 mph dash in 2.36 secs.
Though Ferrari and Lamborghini are recognized for his or her iconic designs and efficiency, will it matter with so many new EV manufacturers (with fashionable designs and much more efficiency) hitting the market?
Would you continue to purchase an electrical Ferrari for over $500,000? Tell us what you assume within the feedback beneath.
FTC: We use revenue incomes auto affiliate hyperlinks. Extra.
