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Report: Ferrari EV to Be Revealed as Soon as 2025

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Ferrari's First EV Will Reportedly Debut in 2025ROBERT KERIAN
  • Ferrari's first electric vehicle will be revealed as soon as 2025, according to a report by Autocar.

  • Ferrari boss Benedetto Vigna confirmed the upcoming EV has amassed several thousand on-road testing miles and said the EV will be made "in the right way."

  • The Ferrari EV will be produced at the brand's new E-building located on its Maranello campus.

Ferrari is preparing to join automakers around the globe with the introduction of its first fully electric vehicle. According to a new report by Autocar, we should see the prancing horse brand's first battery-electric vehicle in late 2025, with the car launching some time the following year.

Ferrari boss Benedetto Vigna confirmed the news, telling Autocar that prototype testing is already well underway. "Consider that we have prototypes already on the road that have done several thousand kilometers, and we have in our company very qualified clients: test drivers," Vigna said. Despite facing headwinds with regard to how Ferrari plans to make its electric cars feel unique, Vigna isn't voicing concern.

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Ferrari SF90 StradaleFerrari

"The first clients of our cars are the test drivers. They drive a lot of cars, and they can easily make a comparison between one and another, so for us this is an important metric that we are making a reference to."

Built In-House

The car will be built at Ferrari's new sprawling E-building located just north of its Maranello campus. The building spans roughly 450,000 square feet and features cutting-edge technology. In an interview with TopGear, Vigna explained Ferrari's reasoning behind the new building. "The full electric Ferrari demands new technologies, components, and processes” he said. "Which we want to design, engineer and handcraft here in Maranello."

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As shocking as the introduction of an electric Ferrari may seem, the company hasn't shied away from innovation in the past. From being one of the early adopters of KERS in the 2009 Formula 1 season to the introduction of the hybrid LaFerrari four years later and more recently the plug-in-hybrid SF90 Stradale, the brand has continued to evolve with the times.

Maranello's executives have also been extremely tight-lipped about details regarding the vehicle—meaning we'll have to wait until late next year for everything from powertrain setup to performance. According to Vigna, Ferrari determines vehicle pricing just before putting them on sale, but we think the new model could be priced around the $500,000 mark. Last month, Reuters reported that Ferrari's first EV will cost at least $535K, so we''ll just have to wait and see about that.

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