Electric vehiclesAnalysts skeptical of venerable luxury marques' attempts to adapt to evolving industryFerrari's first fully electric car, the Luce, marks a major design departure for the legendary brand. (Ferrari via Reuters)GLORIA LIJune 10, 2026 12:00 JSTHONG KONG -- When Ferrari boss Benedetto Vigna was preparing to launch the marque's first all-electric car, he pinned his hopes on the model reversing a sales slump in China, where market disruptions are buffeting the once-insulated ultraluxury segment.