Ferrari builds a new factory—just for electric cars

• Ferrari is prepping its first EV
• The new electric car will be built at its own newly-built factory in Maranello
• Ferrari plans for most of the factory’s power to come from sustainable sources

Ferrari recently unveiled an expansion of its factory to accommodate production of the automaker’s first EV.

The reconfigured “e-building” factory will produce internal-combustion engines, electric motors, battery packs, and hybrid powertrain components, allowing Ferrari to adjust the mix of traditional gasoline cars, hybrids, and EVs depending on demand, the automaker said in a press release.

The goal is for the building to be powered entirely by renewable energy from both external and internal sources, the latter including more than 3,000 solar panels on the roof that generate a combined 1.3 megawatts of power, according to Ferrari. More than 60% of the energy used in…