Ferrari chairman and acting chief executive John Elkann says the automaker welcomes the industry’s ongoing shift to electric vehicles.
The European Union recently proposed a ban on the sale of new petrol and diesel cars from 2035 as it looks to fight the impacts of climate change. While Ferrari produces some of the most performance-focused internal combustion engines on the market, Elkann doesn’t seem concerned by a world of electrification.
“We see the regulation as welcome,” he said while speaking with analysts earlier this week. “The opportunity set by electrification, electronics and other technologies that are coming available will allow us to make even more distinct and unique products.”
Read Also: Ferrari Boss Says First Fully Electric Vehicle Coming In 2025
Ferrari plans to launch its first all-electric vehicle by 2025 and has already started to electrify other models in its line-up, including the SF90 Stradale and the all-new Ferrari 296 GTB.
Elkann added that one of the tasks of incoming chief executive Benedetto Vigna could be to forge new partnerships to help Ferrari’s shift to electric vehicles, Reuters reports.
“We believe that within the industry and more importantly, outside of our industry, we are going to benefit much from partnerships and joint programs,” Elkann said.
Ferrari hasn’t revealed what form its first electric vehicle will take but it will likely offer the kind of supercar performance you would expect from the car manufacturer. It’s also possible that it could share some similarities to the Maserati MC20, which is currently only sold as an ICE model but later on in its production run, will also be available as an EV.
