Luxury sports carmaker Ferrari will present its first fully-electric vehicle (EV) at its capital markets day scheduled on Oct. 9, Chief Executive Benedetto Vigna said on Tuesday.
Presenting Ferrari's full year results to reporters, Vigna declined to provide details about the upcoming model, beyond saying it would be launched in a unique and innovative way at the company's Maranello base in Italy, Reuters reported.
Ferrari's new EV will be part of a total of six new models the company plans to launch this year, he added.
Known for its roaring petrol engines, Ferrari started offering its wealthy clients hybrid models in 2019.
Its electrification plans will not be affected by policies of the Trump administration or by the risk of a trade war.
"We're not into an electric transition, we're rather doing electric addition," Vigna said.
Ferrari to Present its First Electric Vehicle on Oct. 9
A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
Ferrari to Present its First Electric Vehicle on Oct. 9
A Ferrari logo is being installed on a Ferrari car at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo/File Photo
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