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Ferrari Unveils $580K Electric Model for 2026 Launch

10/12/2025

42 8 Full Breakdown

Summary

Story summary

Ferrari S.p.A. (the Italian automaker) plans to launch its first fully electric model, the Ferrari Elettrica, in 2026.
Ferrari unveiled a production-ready EV chassis at its Maranello headquarters.
The Elettrica will reach a top speed of 193 mph and have a price above $580,000.
Ferrari opened the e-Vortex test track to accelerate development of future electric models.
Ferrari has adjusted its EV targets to 20% of its lineup by 2030.

History

Historical Context

The 2016 Paris Agreement spurred global efforts to combat climate change, prompting automakers like Ferrari to innovate towards sustainability. By 2030, Ferrari aims for 20% of its lineup to be electric, reflecting a significant industry shift. The upcoming Ferrari Elettrica, priced at approximately $3.9 million, exemplifies this transition, highlighting changing consumer expectations and market dynamics in the automotive sector.

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Story summary

Ferrari S.p.A. (the Italian automaker) plans to launch its first fully electric model, the Ferrari Elettrica, in 2026.
Ferrari unveiled a production-ready EV chassis at its Maranello headquarters.
The Elettrica will reach a top speed of 193 mph and have a price above $580,000.
Ferrari opened the e-Vortex test track to accelerate development of future electric models.
Ferrari has adjusted its EV targets to 20% of its lineup by 2030.

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