The new Ferrari EV factory, internally known as the “e-building,” is set to begin production in June 2024, ahead of the company’s launch of its first electric vehicle in late 2025.
According to the luxury brand, the Ferrari EV factory will have the capability to manufacture both electric and hybrid vehicles, as well as the next-generation powertrains.
This new dedicated factory is the place where all electric Ferraris are born.
And Ferrari also plans to have everything related to them built and designed in-house, including all electric motors, inverters, and batteries, according to the Italian automaker.
The new facility also plays a crucial role in Ferrari’s plan to achieve carbon neutrality by 2030 and continue producing its own powertrain components.
Ferrari has experience with electrification through its hybrid models such as the 296 GTB and SF90. The company aims for EVs and hybrids to make up 60 percent of sales by 2026 and 80 percent of sales by 2030.
The four-door Purosangue powered by a V12 engine also will include a plug-in hybrid powertrain.
However, Ferrari does not plan to solely focus on EVs, as it expects plug-in hybrids to account for half of its electrified vehicle sales through 2030, according to the company.
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Central to this effort is the construction of the new Ferrari EV factory, which will play a pivotal role in Ferrari’s electrification journey.
The plant’s adaptability showcases Ferrari’s commitment to embracing the evolving automotive landscape and catering to the growing demand for sustainable mobility solutions. By incorporating electric and hybrid vehicles into its lineup, Ferrari aims to strike a balance between performance and environmental responsibility.
Although Ferrari’s first fully electric vehicle won’t hit the market until the end of 2025, the company’s proactive approach to building the e-building demonstrates its commitment to staying ahead of the curve.
By investing in the necessary infrastructure well in advance, Ferrari ensures that it will be well-prepared to meet the rising demand for electrified vehicles and maintain its position as a leader in the luxury automotive industry.
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The Ferrari EV factory is not only a testament to Ferrari’s dedication to sustainability but also its desire to retain control over its powertrain components.
By producing their own powertrains, Ferrari can maintain the level of quality and performance that their discerning customers have come to expect.
This vertical integration allows Ferrari to maintain its brand identity while transitioning to greener technologies.
Furthermore, the e-building aligns with Ferrari’s ambitious sales targets for electric and hybrid vehicles. By investing in the necessary infrastructure now, Ferrari positions itself to achieve these targets and solidify its position as a frontrunner in the luxury electric vehicle market.
The Ferrari e-building represents a major milestone in the company’s journey towards electrification and carbon neutrality.
With its flexible manufacturing capabilities, the e-building positions Ferrari as a frontrunner in the luxury electric vehicle market.
And by investing in its own powertrain production and setting ambitious sales targets, Ferrari demonstrates its commitment to sustainability while maintaining its reputation for exceptional performance.
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