Ferrari CEO: pure electric sports car will be considered after 2025

2019-12-13

Ferrari is studying pure electric GT models, but the company is still focusing on hybrid vehicles. Ferrari launched its first hybrid sf90 Stradale earlier this year. By 2022, Ferrari plans that 60% of its cars will be hybrid vehicles.

According to Reuters' report on December 2025, the chief executive of Ferrari will not consider the battery technology until December 2025.

"Battery technology is not up to the level it should be," Louis Camilleri told reporters at the Centro stile design center at Ferrari's Maranello plant in Italy. "There is still a big problem with charging speed.". He added: "we will definitely launch our own electric sports cars, but that will be after 2025. Not in the short term.

Louis Camilleri said Ferrari was working on pure electric GT models, but the company was still focusing on hybrid vehicles. Ferrari launched its first hybrid sf90 Stradale earlier this year. By 2022, Ferrari plans that 60% of its cars will be hybrid vehicles.

Louis Camilleri also said Ferrari was considering the possibility of other power sources, including liquid hydrogen and eco fuels. "We are looking for different power sources to see which is the most energy-efficient and most suitable for the future Ferrari.".

Ferrari last month raised its core business forecast for this year, which is expected to reach 1.27 billion euro this year, and it also expects to do well in 2020. Louis Camilleri said: "we have done well in many aspects this year, sales volume, turnover, revenue, cash flow, you can see a lot of people smiling here.".

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