Ferrari Unveils First Model Without Internal Combustion Engine
Ferrari introduced an electric vehicle as its first model without an internal combustion engine. The car is the company's initial test of buyer interest in battery-powered models among high-income customers.
benzinga.comFerrari introduced its first model without an internal combustion engine. The vehicle marks the company's initial entry into battery-electric production. The model is positioned as a test of demand for electric vehicles among high-income buyers. Ferrari is Europe's most valuable automaker by market capitalization.
The company has not released pricing, range, or power figures for the new model. No production timeline was provided in the announcement. Ferrari continues to sell models with internal combustion engines alongside the new electric version.
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Ferrari may add electric models to its future product range if demand materializes.
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