Fully-electric cars to make up 40% of Ferrari sales in 2030

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This while a 4.4bn euro investment will also see the firm launch 15 new models between 2023-2026

One-of-a-kind Ferrari has a very different look to the F8 Tributo it's based on.Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce"even more unique" cars as it makes the expensive shift to zero-emission driving.

Ferrari and its rivals also sell an emotional experience to wealthy customers currently centred on the throaty roar of that powerful engine. So as it goes electric, Ferrari must ensure its high-net worth customers and investors are along for the ride. Vigna said Ferrari would develop and build its own electric motors, inverters and battery modules for its electric models on a new assembly line at its plant in Maranello, Italy, while outsourcing non-core components to partners. He said the carmaker is working with battery makers to research the next generation of solid state batteries, could store more energy than conventional batteries today, for its electric models.

 

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