The first all-electric Ferrari is on its way and will be ready in 2025, company chairman John Elkann said during the brand’s annual general meeting.
“You can be sure this will be everything you dream the engineers and designers at Maranello can imagine for such a landmark in our history,” said Elkann, per Autocar.
With more and more automakers, including Porsche, streaming into the EV market, and European governments pushing back increasingly against combustion vehicles, a move such as this was inevitable. Elkann, though, seems to be viewing this as an opportunity, not an obligation.
“Our interpretation and application of these technologies both in motorsport and in road cars is a huge opportunity to bring the uniqueness and passion of Ferrari to new generations,” he said.
Read More: Ferrari Won’t Make A Fully-Electric Car Just For The Sake Of It
The news is also noteworthy because Ferrari hasn’t seemed to be in a hurry to build an EV in the past. Although it has produced plug-in hybrids, its commercial boss, Enrico Galliera, was not complimentary of EV technology in the past.
“We firmly believe that battery technology is not yet developed enough to meet the needs of a supercar,” he said last year. “In the next five years, we do not believe the technology will be able to meet the needs of a Ferrari.”
Ferrari may be able to learn a few tricks from the Maserati MC20. The supercar debuted late last year, and although it featured a V6 with F1 technology, the brand promised an electric version that would get to 62 mph in 2.8 seconds and onto a top speed of 202 mph.
The supercar was seen testing at Ferrari’s test track recently and the electric version is expected as a model year 2023 vehicle.
