In an investor presentation, Ferrari has announced that 60 percent of its vehicles will be electric by 2026. It has also revealed that that their first SUV, the Ferrari Purosangue, will make up 20 percent of its total vehicle sales at most. The Purosangue will have a V12 and the company also recently teased the first image of the biggest Ferrari ever built.
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The 60 percent quoted by Ferrari is referring to both full EV and hybrid models, while the remaining 40 percent will be internal combustion engine (ICE) cars. The Italian sportscar company aims to be fully carbon neutral by 2030, but it has been very clear it would still be producing ICE vehicles to serve its historic enthusiast client. The EVs will be built for the new generation of Ferrari fans.
By 2026, Ferrari will offer “three powertrains with distinctive driving emotions.” It’ll borrow hybrid powertrain tech from its F1 and other racing experience, while its electric engines will be “designed, handcrafted and assembled in Maranello to ensure a unique driving experience also derived from racing solutions.”
Formula 1 and Ferrari are synonymous, and the main reason most companies compete in such an expensive racing series is to push their tech forward in order to use it in their consumer products for the road. We saw this with Ferrari, where they launched their first plug-in hybrid in 2019 in the form of the SF90 Stradale. The same is the case with other manufacturers like Mercedes-Benz and Renault.
Ferrari’s first full EV will arrive in 2025, which the company has claimed will have “strong commonalities” with its current ICE engines. “The first electric Ferrari will be rooted in our racing heritage and will draw from a broader technical reservoir while preserving all its authenticity and consistency,” said CEO Benedetto Vigna, adding that it will be “really unique from many different points of view.”
