Thu. Sep 19th, 2024

Ferrari’s First EV Slated for 2025 Debut, Potential Price Tag of $500K

Image VIa Ferrari
Image VIa Ferrari

Ferrari is poised to make a significant leap into the electric vehicle (EV) market with the anticipated debut of its first fully electric car in 2025. According to Ferrari CEO Benedetto Vigna, this groundbreaking vehicle has already accumulated thousands of on-road testing miles, signaling the brand’s commitment to delivering an EV that upholds Ferrari’s reputation for performance and luxury.

Image VIa Ferrari

In a recent interview with Autocar, Vigna confirmed that the EV prototypes are undergoing rigorous testing. “We have prototypes already on the road that have done several thousand kilometers, and we have very qualified clients: test drivers,” Vigna stated. These experienced drivers are providing crucial feedback, ensuring that the new electric Ferrari will meet the high standards expected by the brand’s discerning clientele.

The forthcoming EV will be manufactured in Ferrari’s state-of-the-art E-building, located just north of its Maranello campus. Spanning approximately 450,000 square feet, this facility is equipped with the latest technology to support the production of electric vehicles. Vigna emphasized the importance of this new infrastructure, saying, “The full electric Ferrari demands new technologies, components, and processes which we want to design, engineer, and handcraft here in Maranello.”

Image VIa Ferrari

Ferrari’s venture into the electric market marks another chapter in its history of innovation. The company has previously embraced advanced technologies, such as the Kinetic Energy Recovery System (KERS) in Formula 1 and the development of hybrid models like the LaFerrari and the SF90 Stradale. This new EV represents Ferrari’s next step in blending cutting-edge technology with its legendary performance.

While specific details about the EV’s powertrain and performance are still under wraps, it is expected to carry a price tag around $500,000. Reuters recently reported that the car might even surpass $535,000. Vigna mentioned that final pricing will be determined closer to the vehicle’s market launch.

Image VIa Ferrari

As Ferrari prepares to unveil its first electric vehicle, enthusiasts and collectors are eagerly awaiting what promises to be a revolutionary addition to the prancing horse lineup. This move not only showcases Ferrari’s adaptability but also its dedication to maintaining excellence in an evolving automotive landscape.

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