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Ferrari has given up on electric cars and will have a factory ready in 2024

Ferrari has given up on electric cars and will have a factory ready in 2024

Ferrari is one of the car brands that has resisted the electric car world the most. The brand does not reject this technology, but postponed its adoption until later. Now, from what it has revealed, it will have a dedicated electric and hybrid plant ready to go as early as 2024.

An electric car factory in 2024

Ferrari's plans indicate that its electric car will be ready to enter the market in 2025. However, the brand does not rule out these technologies and how they will be able to improve their offering.

So what open Ferrari CEO Benedetto Vigna There is news coming soon, especially in the field of trams. It will not be a new model, but a new electric vehicle factory ready to start production in June 2024.

Known internally as "e-building", it will be a flexible factory and guarantee that it will be able to build electric and hybrid cars. In addition, it will have the capacity to produce the next generation of engines from the "Cavallino Rampant" brand.

Ferrari will diversify its bets

The facility is an important part of Ferrari's plans to become a carbon-neutral company by 2030. It will also play an important role in the luxury company's plans to continue producing its own components for these cars.

While Ferrari has been slower to enter the electric car field, it is not completely inexperienced in the field of electrification. Hybrid cars such as the 296 GTB and SF90 currently account for 35% of sales. The brand previously revealed that it intends for electric and hybrid vehicles to account for 60% of sales by 2026 and 80% by 2030.

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Ferrari doesn't just plan to use electric cars. It expects plug-in hybrids to account for half of its electrified vehicle sales by 2030. Although the share of internal combustion-only cars has dwindled, it should hold it longer than most competitors, with the goal of meeting your carbon goals with the help of e-fuels.