Ferrari Unveils First Electric Vehicle With 1,036 Horsepower
Ferrari introduced its first fully electric production car, the Luce, featuring four electric motors and a five-seat layout. The vehicle was designed in collaboration with the firm LoveFrom.
Ferrari unveiled the Luce, its first fully electric production vehicle. 5 seconds. The car features a 122 kWh structural battery chassis and marks the first five-seat, four-door configuration in the company's history. An on-axle acoustic sensor captures vibrations from rotating components and modulates them into an amplified electric sound.
The Luce was co-designed by the firm LoveFrom.
The exterior uses extensive glass surfaces and follows a minimalist approach.
The vehicle carries a price of approximately $640,000. Shares of Ferrari traded slightly lower after the announcement. Seeking Alpha's Quant metrics assigned the stock a HOLD rating following the reveal.
Key Facts
Potential Impact
- 01
Production allocation for the Luce will be limited given the $640,000 price point.
- 02
Ferrari stock may face continued pressure tied to broader EV market sentiment.
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