In 2030, Ferrari will have 40% of the models with an electric-only engine and 40% with hybrid power.
Only 20% will keep the internal combustion engine.
This is the timetable foreseen by the new strategic plan 2023-2026, illustrated by the managing director Benedetto Vigna during the Capital Markets Day in Maranello.
The manager is keen to reassure everyone: even the electric Ferrari will be a "real Ferrari": the first electric model arriving in 2025 will belong to the supercar category.
Fans will not have to give up on sound because even the electric Ferrari will have "a unique sound".
Today there are four hybrid Ferrari models, 20 per cent of the range, while in 2026 dual-fuel engines, petrol and electric, will represent 55 per cent of the range.
"Ferrari has all the skills, capital and technologies to face the challenge of electrification. Sustainability is one of the key points of our strategy which aims to achieve carbon neutrality in 2030", Vigna explained.
"Thanks to the opportunities represented by electrification and electronics we will be able to create even more unique cars" said the president of the company John Elkann who opened the meeting with financial analysts and the international press.
Between 2023 and 2026 a total of fifteen new models will arrive, volumes will grow, but will not double.
The Purosangue, the incorrectly defined supercar SUV, will be unveiled in September.
No interest in autonomous driving on levels 4 and 5 "
Vigna announced the financial goals of the plan.
Net sales will grow to € 6.7 billion in 2026, with an annual growth rate of 9%, driven by car-related businesses, supported by the rich model portfolio and customizations, with the ambition to double sales lifestyle by 2026 compared to pre-pandemic levels.
The ebit will reach 1.8-2 billion euros by 2026, the ebitda will be between 2.5 and 2.7 billion.
there will be 4.4 billion in investments.
Vigna announced the financial goals of the plan.
Net sales will grow to € 6.7 billion in 2026, with an annual growth rate of 9%, driven by car-related businesses, supported by the rich model portfolio and customizations, with the ambition to double sales lifestyle by 2026 compared to pre-pandemic levels.
The ebit will reach 1.8-2 billion euros by 2026, the ebitda will be between 2.5 and 2.7 billion.
there will be 4.4 billion in investments.
ambition to double lifestyle sales by 2026 from pre-pandemic levels.
The ebit will reach 1.8-2 billion euros by 2026, the ebitda will be between 2.5 and 2.7 billion.
there will be 4.4 billion in investments.
ambition to double lifestyle sales by 2026 from pre-pandemic levels.
The ebit will reach 1.8-2 billion euros by 2026, the ebitda will be between 2.5 and 2.7 billion.
there will be 4.4 billion in investments.
All of Ferrari's electric motors will be designed, developed and handcrafted in Maranello.
The CEO of Ferrari explained that the expansion of the plant will guarantee for the coming years a technical capacity that exceeds the needs.
It will be enriched by a new e-building where electric motors, inverters and batteries will be designed, handcrafted and assembled, while a new painting plant will allow an even wider level of customization, a relevant trend in the luxury sector.
"If we are here today - explained Elkann - it is precisely because of the vision, passion and extraordinary determination of a man, our founder Enzo Ferrari. Ferrari is first of all a luxury company, creator of products with value,