Surprise, surprise, the first electric Ferrari will likely cost a bundle.
The legendary sports car maker’s first fully battery-powered model is expected to cost well over $500,000, reports Reuters. It won’t be the brand’s only EV for long, either, as another is already in the works.
Sources familiar with the matter told the newswire that the first electric Prancing Horse will cost at least €500,000, or $535,000. That figure is just the starting price and doesn’t include the premium add-ons that the brand’s customers are so fond of that regularly add 15 to 20 percent to the overall vehicle cost. That would make the EV one of Ferrari’s most expensive core models, trailing only the hybrid SF90 Stradale (which is pictured above and starts at $525,000) and the Daytona SP3 ($2.3 million).
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In recent months, a number of sports car makers, like Aston Martin, have expressed anxiety about whether or not their customers even want to buy EVs. Ferrari doesn’t seem to have the same worry. Reuters also reports that the automaker is already at work on a second all-electric model. Little is known about the vehicle, which is said to be in the earliest stages of development, but don’t expect it to be built in high numbers. Ferrari does not want production across its lineup to reach 20,000 vehicles per year, at least in the near term.
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>Surprise, surprise, the first electric Ferrari will likely cost a bundle.
>The legendary sports car maker’s first fully battery-powered model is expected to cost well over $500,000, reports Reuters. It won’t be the brand’s only EV for long, either, as another is already in the works.
>Sources familiar with the matter told the newswire that the first electric Prancing Horse will cost at least €500,000, or $535,000. That figure is just the starting price and doesn’t include the premium add-ons that the brand’s customers are so fond of that regularly add 15 to 20 percent to the overall vehicle cost. That would make the EV one of Ferrari’s most expensive core models, trailing only the hybrid SF90 Stradale (which is pictured above and starts at $525,000) and the Daytona SP3 ($2.3 million).
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**In recent months, a number of sports car makers, like Aston Martin, have expressed anxiety about whether or not their customers even want to buy EVs.** Ferrari doesn’t seem to have the same worry. Reuters also reports that the automaker is already at work on a second all-electric model. Little is known about the vehicle, which is said to be in the earliest stages of development, but don’t expect it to be built in high numbers. Ferrari does not want production across its lineup to reach 20,000 vehicles per year, at least in the near term.
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