Lamborghini CEO said the automaker's decision to kill its EV to focus on plug-in hybrid electric vehicles was "the right way to go" for his company.

Ferrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced over €500,000, aims to define luxury…

Ferrari is set to unveil its first-ever electric vehicle, the Luce, today in Rome, marking a historic moment for the iconic automaker.