Ferrari, a renowned Italian luxury sports car manufacturer, is gearing up to launch its first electric vehicle (EV). The brand-new e-building, which was inaugurated by Italian President Sergio Mattarella on Friday, will serve as the birthplace of Ferrari’s first EV sports car.
According to Ferrari CEO Benedetto Vigna, the new e-building represents the company’s future as they prepare to produce their very first fully electric sports car. This facility will enable Ferrari to push the boundaries of what is possible in the realm of automobiles. In addition to the EV sports car, the factory will also produce the next generation hybrids and ICE vehicles, as well as batteries, electric motors, and inverters for their EV models.
Ferrari has invested around $214 million to bring this facility to life. The company expects that the plant will improve efficiency and flexibility. The entire building will be powered by renewable energy sources, with over 3,000 solar panels on the roof generating 1.3 MW of energy. By reusing rainwater and energy throughout the production process, Ferrari plans to recover and redirect 60% of the energy used for battery and motor testing.
Reports have emerged suggesting that Ferrari’s first EV sports car will have a starting price of at least $535,000. Sources also indicate that Ferrari is already working on a second electric vehicle, which will also be manufactured at the new facility. Ferrari’s first fully electric car is expected to be unveiled later this year.
Lamborghini, another luxury car manufacturer, introduced its first electric vehicle, the Lanzador EV, last August. Lamborghini is projected to release the Lanzador electric car in 2028. Ferrari and Lamborghini are just two examples of high-end car companies venturing into the world of electric vehicles.
