Italian supercar manufacturer
Ferrari will build its first electric sports car (EV) until 2025, it revealed today at its annual investor conference.
It also admitted that the classic lightning bolt of its supercars will allow 40% of all production to consist of natural electric cars and 80% electrified ones, until 2030.
Shares of Ferrari N. V. fell 0. 7% today despite the announcement that the iconic Italian supercar maker plans to be carbon unbiased until 2030.
Ferrari’s 2022-2026 Strategic Business Plan, published in Maranello, revealed that a flood of models is on the way, with 15 new models planned for the next 4 years, starting with the Purosangue hybrid SUV in September this year.
The LaFerrari hypercar will be replaced in the near future, Ferrari showed today. Photo:. . . [ ] Seung-il Ryu/NurPhoto Getty Images
A new Halo styling has also been confirmed, and Ferrari is planning a replacement for the LaFerrari hypercar “soon,” according to CEO Benedetto Vigna.
“The all-electric Ferrari will be a real Ferrari,” Vigna insisted, showing that the Ferrari EV will be designed, produced and assembled in Maranello, in the company’s new E-Building.
The E-Building will house the production of the electric motor, inverter and battery module, as well as a assembly line. It will also house its own painting studio.
Ferrari has also shown that 3 out of five cars built will be hybrid or fully electric by 2026, just 4 years from now.
Ferrari’s first hybrid, the SF90 Stradale, featured a twin-turbo V8 and 3 electric motors. It came together this year via the 296 GTB, and now a number of electrified Ferraris are on the way. Photographer: David Paul Morris/Bloomberg
Today, this blend is 80 per cent natural combustion power, with only 20 per cent split between the SF90 Stradale and the 296 GTB, but this figure will rise as Ferrari plans to reduce carbon emissions until 2030.
Maranello-based Ferrari has also bucked fashion trends by stating that it continues to develop combustion engines, although it offers hybrid and electric vehicles.
“The internal combustion engine has a lot to contribute,” Vigna told investors today.
“On the one hand, we have to deal with emissions regulations, but more importantly, we see electrification as a way, as a technology, that can improve the functionality of what we do. “
It also showed that hybrids will be the best-selling Ferraris in 2026, accounting for 55% of all sales. This is followed by natural combustion cars (40%) and automobiles (5%).
By 2030, however, this division will generate up to 40% electric cars and 40% hybrids, with 20% of Ferraris running on natural combustion engines.
Ferrari recently offered plug-in hybrid cars: the SF90 Stradale, which combines a twin-turbo V8 with three electric motors, and the base 296 GTB, which has its twin-turbo V6 and an electric motor driving the rear axle. .
Ferrari is the oldest F1 team and is renowned for having the fastest car this season, its mechanical fragility has caused Charles Leclerc to lose the championship lead. Photo: AP Photo/Sergei Grits
Ferrari is known for its history in Formula 1, as well as its Le Mans GTE and GT3 sports car programmes, and insists that its hybrids will gain advantages from generation transfer in motorsport.
Vigna insisted that the first electric Ferrari would be exclusive in a burgeoning world of high-performance electric cars and that it would leverage Ferrari’s history and racing knowledge to deliver power density, weight, sound and driving sensations that no other manufacturer could replicate. .
Their batteries will be assembled by hand in Maranello and the modules will be incorporated into the chassis of their cars to reduce weight and increase performance, that’s how skateboard architectures are talked about at Ferrari.
While Ferrari still doesn’t know how many Purosangue (“thoroughbred” in Italian) models it will sell, Vigna has insisted it will make at least one car less than it demands.
Even with its higher-volume Purosangue model, Ferrari insisted that it didn’t have any more diversity goals than it already had, which isn’t the case at all.
“We are a mobility company and when mobility becomes more and more shared, having a Ferrari will be even more exclusive,” Vigna said, adding that the company has “no interest” in level four or five autonomous driving technology.
The company continues to grow, Vigna insisted, raising its dividend this year from 30% to 35% of adjusted net profit, while planning to buy back 2 billion euros in shares through the end of the strategic plan.
Ferrari’s monetary side remains very healthy, with Vigna insisting its profits would rise from €1. 5 billion last year to between €2. 5 billion and €2. 7 billion this year.
Its profit margin target has also increased, from 35% last year to 40% this year.