Ferrari Officially Announced to launch its First EV later this year
Ferrari, a brand synonymous with high-performance supercars, is finally stepping into the electric future. The Italian automaker has officially confirmed that its first-ever electric vehicle (EV) will debut in October 2025. This groundbreaking move is part of Ferrari’s broader strategy, which includes launching six new models throughout the year. But what can we expect from this highly anticipated electric Ferrari? Let’s dive into everything we know so far.
For years, enthusiasts have speculated about Ferrari’s entry into the EV market. Now, the wait is almost over. During the release of its 2024 financial earnings, Ferrari’s CEO, Benedetto Vigna, confirmed that the brand’s first all-electric model will be unveiled on October 9, 2025, during the company’s Capital Markets Day.
Vigna reassured fans that Ferrari’s first EV will retain the brand’s legacy of excitement and driving pleasure. “People buy a Ferrari because they have a lot of fun,” he said. According to him, the new electric model will be no different, promising a unique launch and an unparalleled driving experience.
What Makes This Ferrari EV Special?
While Ferrari has kept most details under wraps, we do have some exciting insights. The upcoming EV is expected to blend Ferrari’s iconic design, performance, and sound—yes, sound—into an electrified form. Despite being battery-powered, Ferrari plans to incorporate a system that emulates the signature roar of its combustion engines, much like what Dodge has done with its Charger Daytona EV.
Recently, Ferrari’s electric car was spotted undergoing public road tests. Spy shots and videos reveal a sleek, futuristic design with redesigned headlights and body panels. While the full details remain a mystery, it’s clear that Ferrari is sparing no effort in ensuring this EV looks and feels like a true Ferrari.
Ferrari’s First EV Cost?
Last year, reports suggested that Ferrari’s first electric car could cost at least 500,000 euros (around $535,000). However, Vigna later responded that this estimate was a “surprise” and did not confirm or deny the pricing. He clarified that Ferrari typically finalizes pricing about a month before launch, meaning we’ll likely have a clearer idea by September 2025.
Regardless of the final price, one thing is certain—this will be an ultra-premium vehicle aimed at Ferrari’s most dedicated clientele.
Ferrari has already made significant investments to support its EV future. In June 2024, the company inaugurated a new manufacturing facility, dubbed the “e-building,” which will serve as the production hub for its first electric model. This state-of-the-art facility is designed to produce electric motors, batteries, and inverters for both EVs and plug-in hybrid electric vehicles (PHEVs).
Ferrari’s EV Strategy
Ferrari isn’t just diving headfirst into full electrification—it’s taking a balanced approach. Currently, about half of Ferrari’s sales come from hybrid models. In 2024, 51% of Ferrari’s shipments were hybrids, while the remaining 49% consisted of traditional internal combustion engine (ICE) cars. By the end of 2025, the company aims for 60% of its sales to be either EVs or hybrids.
This strategy aligns with Ferrari’s commitment to performance. The brand has already seen success with hybrid models like the SF90 Stradale and the 296 GTB, both of which blend electrification with Ferrari’s renowned driving dynamics. The upcoming EV is expected to follow a similar philosophy, ensuring it delivers the exhilarating experience Ferrari owners expect.
Ferrari’s transition into the electric age is a monumental moment for the automotive world. While some purists may be skeptical about an all-electric Ferrari, the brand’s careful approach suggests that this EV will be anything but ordinary. With its signature design, cutting-edge technology, and an unmistakable Ferrari feel, this model has the potential to redefine electric performance.
As we count down to the official reveal on October 9, 2025, one thing is clear—Ferrari’s electric revolution is just beginning. Will this be the car that sets a new standard for electric supercars? We’ll have to wait and see, but one thing is certain: Ferrari is ready to electrify the road like never before. Stay tuned for more updates as we get closer to the big day!
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