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Ferrari's first electric vehicle reveal on Oct. 9 at Maranello - Global Banking & Finance Review
The image depicts Ferrari's upcoming first electric vehicle, set to be unveiled on October 9. This launch marks a significant shift for the luxury brand known for its high-performance petrol engines, as it embraces electrification in the automotive market.
Finance

Ferrari to showcase its first electric vehicle on Oct. 9

Published by Global Banking & Finance Review

Posted on February 4, 2025

1 min read

· Last updated: February 4, 2025

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Ferrari Prepares to Unveil Its First Electric Vehicle

MILAN (Reuters) - Luxury sports carmaker Ferrari will present its first fully-electric vehicle (EV) at its capital markets day scheduled on Oct. 9, Chief Executive Benedetto Vigna said on Tuesday.

Presenting Ferrari's full year results to reporters, Vigna declined to provide details about the upcoming model, beyond saying it would be launched in a unique and innovative way at the company's Maranello base in Italy.

Ferrari's new EV will be part of a total of six new models the company plans to launch this year, he added.

Known for its roaring petrol engines, Ferrari started offering its wealthy clients hybrid models in 2019.

Its electrification plans will not be affected by policies of the Trump administration or by the risk of a trade war.

"We're not into an electric transition, we're rather doing electric addition," Vigna said.

(Reporting by Giulio Piovaccari; Editing by Keith Weir)

Key Takeaways

  • Ferrari will reveal its first electric vehicle on Oct. 9.
  • The launch will occur at Ferrari's Maranello base in Italy.
  • Six new models are planned for release this year.
  • Ferrari began offering hybrid models in 2019.
  • Electrification plans are unaffected by external policies.

Frequently Asked Questions

What is the main topic?
The main topic is Ferrari's unveiling of its first electric vehicle on October 9.
Where will Ferrari's electric vehicle be launched?
The electric vehicle will be launched at Ferrari's Maranello base in Italy.
How many new models is Ferrari planning to launch this year?
Ferrari plans to launch a total of six new models this year.

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