- Ferrari’s first electric car will launch at the end of 2025
- Production will take place at the new “electronics building” factory
- Maybe not a traditional supercar
Just a decade ago Ferrari vehemently opposed launched one trambut the automaker known for its noisy gasoline engines has been working on one for several years and plans to launch it by the end of 2025.
It is expected to be priced at the top end of Ferrari’s price list, with a source revealing that Reuters that starting price would be 500,000 euros (about $535,000).
That would make it more expensive than the SF90 Stradale supercar and the Purosangue SUV, These are Ferrari’s most expensive unlimited production models. It would also make it significantly more expensive than the average transaction price of a Ferrari, which according to Reuters was around 350,000 euros in the first quarter of 2024, including options.
If accurate, that means Ferrari won’t rely on an attractive price to entice buyers to give up the soulful sound of a gasoline engine. Instead it can provide advanced technology alike axial motorin-wheel motors and sound generators.
Ferrari Purosangue
Ferrari has yet to say what the car will look like and there are rumors that it may resemble the Purosangue more than one of the company’s traditional supercars. According to Reuters sources, Ferrari already has a second electric car in development, although it is still in the early stages.
Ferrari will produce electric cars at a new factory called the “e-building” CEO Benedetto Vigna. Located adjacent to the existing factory at the automaker’s Maranello headquarters, the new factory is expected to come online this week, initially building a number of off-road gas-powered models. electromechanics, inverters and batteries for plug-in hybrid powertrains. Volume production of electric vehicles is expected to begin at the site until early 2026.
Ferrari factory in Maranello, Italy
Similar to the approach with gas-powered powertrains, Ferrari plans to develop own electric motorinverter and battery, aiming for industry-leading weight and energy density.
The automaker will work with partners in several areas, one of which is leadership battery supplier SK On. The two already have an agreement to supply batteries for Ferrari’s existing plug-in hybrid models, and in March they announced plans to explore new possibilities in the field of battery technology.
