Ferrari is moving full-speed into the electric vehicle (EV) era, despite its commitment to preserving its iconic combustion engines. The Italian supercar maker is working on its first all-electric model, set to be revealed in late 2025 and available for sale in 2026.
Prototypes have already been spotted on the road, disguised as Maserati Levante SUVs, indicating the EV’s size. Ferrari’s CEO, Benedetto Vigna, promises the EV will be built “the right way” and deliver the same driving excitement that Ferrari is famous for, aiming to attract supercar enthusiasts who have been hesitant about EVs.
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Platform and Powertrain
Ferrari is building a new factory dedicated to EV production, but it will also manufacture hybrid and combustion models there. The company is committed to in-house production of key EV components—motors, inverters, batteries, and transaxles—to ensure quality and allow future restoration services for Ferrari EVs, just like its classic cars. Although Ferrari will source battery cells from an unnamed supplier, the company plans to increase battery power density by 10% annually.
The EV won’t be silent, as Vigna confirmed it will use the natural sound of the electric motors, without artificial enhancements. Ferrari’s experience with hybrid systems, especially from its success in Formula 1 and winning the 24 Hours of Le Mans, ensures it brings electric expertise to this new venture.
Price and Personalization
While the estimated price of the Ferrari EV is around $550,000, Ferrari hasn’t officially confirmed this figure. Vigna hinted that final prices, which can be heavily influenced by customization options, won’t be set until just before production begins.
Ferrari anticipates that this EV will represent 5% of its sales in its first year, with the aim for 40% of sales to be full-electric models by 2030. Although details about a second Ferrari EV are sparse, reports suggest the company is already developing it.
Estimated Price: $550,000
Expected On-Sale Date: Early 2026
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