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    HomeGreen LivingGreen VehiclesFerrari plots first EV—for $500,000 or more

    Ferrari plots first EV—for $500,000 or more

    • Ferrari’s first EV due in late 2025
    • Production to take place at new “e-building” plant
    • May not be a traditional supercar

    It was only a decade ago that Ferrari was vehemently against launching an electric car, but the automaker known for its loud gas engines has been working on one for several years and plans to reveal it in late 2025.

    It is expected be priced at the high end of Ferrari’s pricing spectrum, with a source revealing to Reuters that the starting price will be 500,000 euros (approximately $535,000).

    That will make it more expensive than the SF90 Stradale supercar and Purosangue SUV, which are Ferrari’s priciest non-limited-production models. It will also make it considerably more expensive than the average transaction price for a Ferrari, which according to Reuters was about 350,000 euros in the first quarter of 2024, including options.

    If accurate, it means Ferrari…

    Read full article originally published on www.greencarreports.com

    Green Car Reports
    Green Car Reportshttps://www.greencarreports.com
    Green Car Reports provides news and updates on plug-in hybrids, electric cars, fuel cells, fuel economy, mobility, and clean energy.
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