Ferrari’s first electric car will have a huge price tag and will be released in 2025

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Ferrari's first electric car will have a huge price tag and will be released in 2025

Ferrari has been tight-lipped about its first electric car, but here’s what we know: a high price (around $537,000), a late 2025 release (deliveries could stretch to 2026), and limited production to keep the model exclusive. There are rumors that a second electric Ferrari is already in the works.

Ferrari’s new plant also hints at increased production capacity

The focus is on preserving the brand’s identity even in the era of electric vehicles. Ferrari promises an “authentic sound” for EVs and seeks to limit the impact on its brand exclusivity. The number of cars produced is expected to be limited to 20,000 per year, and by 2026, electric vehicles will account for 5% of Ferrari’s sales, rising to 40% by 2030.

This shift towards electrification comes alongside the opening of a new plant in Maranello. Although the Purosangue SUV was a success, Ferrari is trying to avoid becoming a purely SUV brand. This new plant hints at an increase in production capacity, and the long-awaited hypercar is expected to be unveiled later this year. The future of Ferrari is a balance between tradition and innovation, with a roaring V12 and a silent electric motor in the lineup.

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