Ferrari is unveiling its first fully electric model, the Luce.
Ferrari unveils the Luce, its first fully electric car priced above €500,000, following a decade of hybrid development and a CEO shift from STMicroelectronics in 2021. The revised 2030 target — down from 40% to 20% EVs — signals weak high-performance EV demand, relevant for any tech or mobility investment thesis tied to premium electrification timelines.
By Reuters
What you need to know:
Ferrari, renowned for its roaring V8 and V12 engines, is unveiling its first fully electric model, the Luce.
Here is a summary of how the Italian sports car maker got there after first using hybrid technology in its Formula One racing cars more than a decade ago.
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