Ferrari is one of the top car manufacturers in the world. It is well known for its super-fast vehicles that are used in international racing competitions.
Imagine if the company's vehicles are electric-powered. Well, that might be impossible since Louis Camilleri, Ferrari's chief executive officer (CEO), said that he doesn't think that the Italian car manufacturer will ever go 100% electric.
According to Cars Scoops' latest report, the CEO said, during a recent investor call, that he also believes that electric vehicles will not even account for 50% of Ferrari's sales in his lifetime.
Ferrari's current range is topped by hybrid electric car
Although Camilleri doesn't think that the company will be like Tesla, Ferrari's current range is lead by SF90 Stradale, a plug-in hybrid that has three electric motors.
The high-end vehicle is also powered by 4.0-liter twin-turbocharged V8. Car Buzz reported that these features produce 986 horsepower 590 lb-ft of torque.
Each wheel of SF90 Stradale is powered by the electric motors for reverse gear and torque vectoring.
Ferrari's first all-electric car won't arrive before 2025
Camilleri confirmed that the Italian car manufacturer's first all-electric vehicle wouldn't arrive before 2025. The rumored model was supported by previous licenses in January 2020, stating that the future Ferrari will have four electric motors.
The patents also explained that the upcoming EV of Ferrari's electric motor quartet could work in conjunction with the traditional engine. Ferrari is not rushing towards all-electric fleets since its sales have dropped. Because of the ongoing issue, the manufacturer doesn't have the budget to make the full transition.
However, the CEO might still change his mind if Ferrari can bounce back from the financial crisis it is currently facing.
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Written by: Giuliano de Leon.