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Ferrari to showcase its first electric vehicle on Oct. 9
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Ferrari to showcase its first electric vehicle on Oct. 9
Feb 4, 2025 6:34 AM

MILAN, Feb 4 (Reuters) - Luxury sports carmaker Ferrari ( RACE )

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 ( RACE ) 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.

Ferrari's ( RACE ) 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 ( RACE ) 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.

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