Ferrari plans to unveil its first full battery-electric vehicle (BEV) later this year at a capital markets event on October 9 in its headquarters in Maranello, Italy. This launch is part of a broader strategy that includes introducing six electric models by 2025. CEO Benedetto Vigna highlighted the innovative manner of the launch, while reaffirming the company’s goals of a 5 percent revenue increase by 2025 and profitability targets for their vehicles by 2026. Currently, hybrid models represent a significant portion of sales as Ferrari transitions to all-electric offerings.
Ferrari will launch its first full battery-electric vehicle in Italy later this year, marking the beginning of its transition to electric models.
CEO Benedetto Vigna stated the BEV model will be unveiled on October 9, emphasizing a unique and innovative launch approach.
Ferrari aims for a 5 percent increase in revenues and core earnings by 2025, reflecting confident market expectations despite the move to electric.
Currently, 51 percent of Ferrari's sales are hybrid models, indicating a gradual transition towards fully electric offerings by 2030.
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