Ferrari's planned EV offering will be made at a new plant in Maranello, Italy.
Italian luxury automaker Ferrari is planning to produce its first electric vehicle — which will reportedly cost over $500,000.Reuters reported Wednesday citing a source familiar with the matter that Ferrari is preparing to open a plant that will produce the EV model and lift the company's output by up to one-third.
Ferrari is planning to inaugurate the new plant on Friday in the automaker's hometown of Maranello in northern Italy.Once the new plant is operational, it's expected to allow Ferrari to boost production capacity to about 20,000 after it delivered under 14,000 cars last year.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ferrari's first EV to cost over $500K: reportItalian luxury automaker Ferrari is planning to make its first electric vehicle, which will come with a price tag that's more than $500,000, according to a report by Reuters.
Read more »
First Ferrari EV To Cost Over $500k, Second EV Reportedly In The WorksThe Italian brand is reportedly building another plant in Maranello, that could contribute to an increased production output of around 20,000 units
Read more »
Italy's premier visits Albania as plan to hold Italy-bound migrants nears its startGiorgia Meloni traveled to Albania to thank its government for agreeing to host thousands of asylum seekers while Italy processes their claims.
Read more »
Adam Driver's Racing Drama Becomes Streaming Success After $42M Box Office DisappointmentAdam Driver as Enzo Ferrari in Ferrari
Read more »
Ferrari Family Tree: Everyone In Enzo's FamilyAdam Driver as Enzo Ferrari in Ferrari
Read more »
What Happened To Alfredo Dino Ferrari? How Enzo Ferrari's Son DiedAdam Driver looking intense as Enzo Ferrari in Ferrari
Read more »