Ferrari is gearing up to unveil its first electric vehicle, the Ferrari EV, slated for release as early as 2025, according to Autocar. Benedetto Vigna, Ferrari’s CEO, confirmed that the forthcoming Ferrari EV has already undergone extensive on-road testing, accumulating several thousand miles. He emphasized that the Ferrari EV will be crafted “in the right way.” Production will take place at Ferrari’s new E-building, situated on its Maranello campus.
Ferrari is joining the global shift towards electric vehicles with its first fully electric model, the Ferrari EV, expected to debut in late 2025 and hit the market the following year. Vigna shared with Autocar that prototype testing for the Ferrari EV is well advanced. “We have prototypes already on the road that have covered several thousand kilometers, and our test drivers, who are our first customers, provide valuable feedback,” Vigna stated. Despite the challenges in ensuring Ferrari’s electric cars retain their unique feel, Vigna remains confident.
“Our test drivers are the first to experience our cars. They drive numerous vehicles and can easily compare them, which is a crucial metric for us,” Vigna added.
The new Ferrari EV will be manufactured in Ferrari’s state-of-the-art E-building, a facility that spans approximately 450,000 square feet and is equipped with the latest technology. Vigna explained to TopGear that the new building is essential for the development of the Ferrari EV. “Creating a fully electric Ferrari requires new technologies, components, and processes, which we aim to design, engineer, and handcraft right here in Maranello,” he said.
While the idea of an electric Ferrari might be surprising to some, the company has a history of embracing innovation. Ferrari was an early adopter of the KERS system in the 2009 Formula 1 season and introduced the hybrid LaFerrari four years later, followed by the plug-in hybrid SF90 Stradale. The brand continues to evolve and adapt to new technological advancements, and the Ferrari EV is the next step in this evolution.
Details about the Ferrari EV remain closely guarded, with executives keeping specifics about the powertrain and performance under wraps until late next year. Vigna mentioned that Ferrari typically determines vehicle pricing just before they go on sale. While speculations suggest the new Ferrari EV could be priced around $500,000, Reuters reported last month that Ferrari’s first EV might cost at least $535,000. Only time will tell the exact pricing and specifications of this highly anticipated vehicle.
