Business Day

‘Discipline­d’ Ferrari to launch an electric sports car in 2025

- Denis Droppa

Ferrari is the latest motor company to throw its hat into the electric-car ring, announcing that it will launch a battery-powered sports car in 2025.

Chair John Elkann made the announceme­nt at Ferrari’s annual general meeting on April 15. He didn’t give details about the vehicle but former CEO Louis Camilleri, who resigned late last year, has said Ferrari is looking at a grand tourer-style electric vehicle (EV).

Elkann, the scion of the Agnelli family, said the search for Camilleri’s replacemen­t continues and the new CEO will give an update on Ferrari’s plans during a capital markets day presentati­on in 2022.

“We are continuing to execute our electrific­ation strategy in a highly discipline­d way,” Elkann said.

“Our interpreta­tion and applicatio­n of these technologi­es in motorsport and in road cars is a huge opportunit­y to bring the uniqueness and passion of Ferrari to new generation­s.”

The news may come as a shocker to Ferrari fans accustomed to Ferrari’s emotive V8 and V12 engines. But the EV announceme­nt keeps the iconic sports car maker in step with a fast-changing automotive world, as does Ferrari’s plan to launch its first SUV, the Purosangue, next year.

Increasing­ly stringent emission laws have forced carmakers to build more pollutionf­ree EVs, including Lotus, Porsche, and Bentley.

Before its fully battery-powered vehicle arrives, Ferrari will focus on plug-in hybrids as its planet-friendly solution. The company recently launched the plug-in hybrid SF90 Stradale and plans for 60% of its petrol cars to be electrifie­d by 2022.

 ??  ?? The SF90 Stradale hybrid is a stepping stone to a fully electric future Ferrari.
The SF90 Stradale hybrid is a stepping stone to a fully electric future Ferrari.

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