Ferrari may offer a $7,500 registration fee for an EV battery replacement service
![Ferrari may offer a $7,500 registration fee for an EV battery replacement service](https://news7g.com/wp-content/uploads/2024/06/ferrari-e-building_100933950_h.webp-780x470.webp)
- Report suggests Ferrari will offer annual subscription to warranty its EV batteries
- The registration fee will be approximately $7,500 per year
- It will cover battery replacement after eight years
Ferrari plans to launch first electric car next year, and the company may offer an extended warranty on the battery to ease concerns among buyers looking to switch from gas to electric. It can also create a new revenue stream for the company.
Quoting people familiar with the matter, Bloomberg reported Wednesday that Ferrari is readying extended battery warranties for both its future electric and hybrid vehicles.
The warranty will reportedly be provided in the form of annual subscription costs around 7,000 euros (about $7,500). It will cover all aspects of battery maintenance, as well as battery-related defects.
It will also include regular scheduling. replace battery after eight yearsensuring there is no major loss of performance over the life of the car, which is important for Ferrari, whose cars are often on the road for decades.
![Ferrari SF90 XX Stradale Ferrari SF90 XX Stradale](https://images.hgmsites.net/lrg/ferrari-sf90-xx-stradale_100905958_l.webp)
Ferrari SF90 XX Stradale
Ferrari cars today include Three year standard factory warranty. For hybrid models, this warranty period lasts up to 5 years, including batteries and related components. According to Bloomberg sources, Ferrari’s electric cars will also receive this standard coverage.
Most automakers have electric cars is providing warranty about eight years for batteries, including pure electric vehicle companies like Rivian and Tesla.
Ferrari hasn’t said much about it yet. first electric carin addition to launching in late 2025 and starting mass production next year. It is believed that it is Low-riding SUVlike a V-12 engine PurosangueIt will cost more than $500,000, according to a Reuters report earlier this month. Such a price tag would make it one of the most expensive Ferraris not produced in limited quantities.
![Ferrari Electronics Building Ferrari Electronics Building](https://images.hgmsites.net/lrg/ferrari-e-building_100933942_l.webp)
Ferrari Electronics Building
Production of the automaker’s EVs and future EVs—a second plant is reportedly in the works—will be handled at a new plant. called Building E located next to Ferrari’s existing factory in Maranello, Italy. The factory’s flexible production system means that gas, hybrid and electric vehicles can be built there, allowing Ferrari to adjust the mix depending on demand.
The additional capacity provided by the factory will allow Ferrari to increase annual production to around 20,000 vehicles, from the current 14,000 vehicles.