Ferrari’s busy summer continues with more major announcements. The legendary automaker is pushing toward the launch of its first electric car, with a report saying it will be revealed in late 2025 and going on sale in 2026. The prototype was recently spotted being track-tested ahead of its official launch sometime next year.
The news was confirmed by Autocar and Ferrari CEO Benedetto Vigna, who has overseen the company’s shift to electric motors, hybrid engines, and carbon-free facilities. Vigna explained that he anticipates Ferrari loyalists and electric vehicle (EV) aficionados will appreciate the car.
“People buy a Ferrari because when they buy a Ferrari, they have a lot of fun,” he said to Autocar. “They don’t buy a Ferrari because A, B, C, D, or a single element. It’s a combination of things. When we do electric cars, we will produce them in the right way.”
Photo Courtesy Derek.Photography
Reuters reported that the electric Ferrari will cost more than half a million dollars — €500,000 ($543,725). The automaker hasn’t confirmed the price yet.
Customers will be paying for the Ferrari brand, which is potentially one of the most powerful EVs on the market. Sources close to Reuters said the car could rival other European luxury brands, including those with established EV lineups.
Track tests have already taken place. Vigna said the car was already undergoing hundreds of miles of tests. It was recently spotted testing with a modified Maserati Levante, leading auto journalists to speculate Ferrari’s car may share designs with Maserati’s. The rear bumper had fake exhaust tips and a conspicuous paint job, suggesting it could be an eccentric vehicle.
The car will also be made in Ferrari’s new E-Building, which opened earlier in June. The facility is powered entirely by solar energy for carbon-free production, has a rainwater harvesting system to reduce water use, and an energy recovery system. The new generation of gas-powered, hybrid, and electric Ferarris will be manufactured here.
Photo Courtesy Ferrari
Batteries and motors will also be developed and tested in the E-Building. Italy’s President Sergio Mattarella attended the inauguration of the facility.
Ferrari already has one zero-emission vehicle: the SF90 Stradale plug-in hybrid EV.
However, the company is planning more hybrids and EVs. The upcoming EV is expected to follow the launch of the Purosangue, the brand’s first SUV and first four-door and four-seater car. The carmaker was also in talks with South Korean supplier SK for batteries in the Stradale and Spider plug-in hybrids.
