Ferrari previously said it’d arrive sometime after 2025.
Things are moving fast in Maranello as Ferrari moves up the reveal date for its first fully electric vehicle. Previously, the company said it wouldn’t launch until sometime after 2025, though that’s no longer the case. According to Automotive News Europe, Ferrari’s head honcho, John Elkann, told shareholders that the company’s first EV would debut in 2025 instead.
A lot has changed in the auto industry since Ferrari said in late 2019 that its first EV would arrive sometime after the middle of the decade. The last few years have seen more and more automakers heavily investing in electric vehicles – from Ford to Mercedes. Those investments are driving down costs and improving EV performance, though we’re still years away from an electric Ferrari hitting the market. Ferrari had harbored concerns about the limits of battery technology and the long recharge times. For the full story, check out this article from Motor 1.