Speaking at the annual shareholder meeting, Ferrari Chairman and CEO, John Elkann confirmed that the brand’s first EV will be launched by 2025. Work on the new electric Ferrari is already underway
Big news coming in from the Ferrari camp as Chairman and interim CEO, John Elkaan announced at a recent shareholder meeting that the brand will bring in their first all-electric offering in 2025. Speaking about the upcoming EV Elkaan said, “You can be sure this will be everything you dream the engineers and designers at Maranello can imagine for such a landmark in our history.” While the Chairman didn’t quite reveal any further details, in the past there have been reports of the Italian brand working on a four-wheel drive system with one motor mounted on each wheel.
Although Ferrari has been working on an EV for a while now, the brand has previously refrained from committing a timeline to its EV plans. In fact, former CEO Louis Camilleri, has been openly vocal about bringing in an EV only after battery technology develops further. In fact, he had previous even gone on record to state that Ferrari may never be a fully electric brand.
As of now, the closest thing to an EV in Ferrari’s portfolio is the SF90 Stradale plug-in hybrid. This one comes powered by Ferrari’s 4.0-litre twin-turbo V8 that works in union with a 7.6kW lithium-ion battery pack. Collectively, the powerplant makes a staggering 986 horses and 800Nm, which take it from standstill to 100km/h in just 2.5 seconds. Ferrari has also pulled the wraps off the SF90 Stradale Spider.
On another note, Ferrari boss also confirmed that the company will be unveiling three new models this year. Earlier in the year, the Italian marquee also announced a return to 24 Hours of Le Mans in 2023 – 40 years after calling it quits on the sport.