Ferrari reveals date for iconic brand's first-ever EV after ‘preparing for years'
FERRARI has revealed the launch date for its first ever electric vehicle - after having "prepared for years".
The car giant's CEO Benedetto Vigna made the bombshell announcement at a financial meeting, saying that the car would be unveiled in three
steps
.
Advertisement
2
Ferrari announced when its new EV will reach customers, after they launched an e-building factory, pictured
He said that the manufacturer will show "the technological heart" of the new model at the company's capital markets day on October 9.
The revolutionary model's debut will take place in the spring of
next
year and sales will start in October 2026, Vigna announced on May 6.
The groundbreaking statement is the first time Ferrari has indicated when the
In February, Vigna claimed the car would be presented at the company's capital market day in October.
Advertisement
READ MORE MOTOR NEWS
Ferrari Chairman John Elkann said that his company had been "preparing for years" for electrification.
The company first started selling hybrid models in 2019 - but has now scheduled to unveil the new fully electric cars for this October.
Elkann said during the company's annual shareholders' meeting: "Electrification has been a path that we've been pursuing now for decades, starting in Formula One and then from our race cars to our sports cars.
"We are very excited about unveiling the Ferrari Elettrica."
Advertisement
Most read in Motors
He praised the newly inaugurated Ferrari facility - which was introduced in June in its hometown of Maranello.
Known as the e-building, he said it would give the firm increased manufacturing flexibility to develop
future
models.
Ferrari releases NEW convertible with blistering 211mph top speed for £366,500
"Now, we can also claim that all our key electric components are developed and handcrafted in Maranello," Elkann added.
Vigna reaffirmed that Ferrari would continue to produce petrol, hybrid as well as fully electric cars.
Advertisement
Hybrid cars made up 51% of all Ferrari sales in 2024.
Vigna said: "Indeed, in line with our strategy, we continue to invest in all three powertrains ... to offer our clients maximum freedom of choice."
Ferrari sells about one in four cars in the United States - its largest market.
The firm said in March that it plans to raise prices for some of its models by as much as 10 percent because of Donald Trump's tariffs.
Advertisement
But despite the economic changes - Ferrari on May 6 reported a 15 per cent rise in first-quarter core earnings and stuck to its financial guidance for the year.
2
Sales will start in October 2026
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Irish Sun
5 hours ago
- The Irish Sun
‘It's not nice to see' – Lewis Hamilton warned he's suffering from same issue as Michael Schumacher after Ferrari switch
LEWIS HAMILTON is "lost" and suffering the same problem that fellow Formula One icon Michael Schumacher did. Hamilton, 40, has struggled to extract top performance from his Ferrari machinery since joining the team over the winter. 4 Lewis Hamilton has been warned he is suffering the same issue as Michael Schumacher is Credit: Getty 4 Michael Schumacher won seven world titles like Hamilton, but had a break and never won a race again Credit: Getty The Brit has achieved one Sprint Race win in China but has otherwise failed to achieve a podium for the Scuderia. Former F1 star and Sky Sports F1 pundit Johnny Herbert believes Hamilton is suffering the same issues as That being the "raw pace just isn't there anymore", a thought which Herbert says is "not nice to see". Schumacher - READ MORE IN FOOTBALL Speaking to "I don't know if the raw pace that he's always had throughout his career is there anymore. "I thought, with the pure racing skill Hamilton had, he'd be able to drive around any problems with the car but he seems stuck in a hole. It's not nice to see. "It's not the first time we've seen it in the sport, though. Nigel Mansell won his championship in 1992, went to America in 1993, came back in 1994 and it didn't work anymore for him. Most read in Motorsport BEST ONLINE CASINOS - TOP SITES IN THE UK "It happened with Michael Schumacher too, when he had his break and came back, then he wasn't the same Schumacher as before. "You're always going to have your peak and an end of your peak. It's not nice to see." F1 stars' pets including driver with thirteen cats, Leclerc's yacht-loving pooch and Hamilton's dog Roscoe with own car Hamilton's team-mate Herbert added: "I know Charles Leclerc is not happy with the car either, but at least he's getting podium finishes consistently. "There have been a couple of poor decisions in Ferrari's strategy and poor communication over the radio, Hamilton doesn't have the synergy with his engineer that he needs. "He hasn't found his comfort zone since the sprint win in China. "Sometimes you don't realise when it's not as easy as it was before, but when you look across the garage and your team-mate is outperforming you, then it may click. "The greats of the sport, at their peak, get the best out of their car. "He won't understand why he can't, because he'll feel like he should be able to. But, Leclerc is outperforming you in the same car. Leclerc is only going to grow and is in control of Ferrari's future. "He's the guy they can rely on, Ferrari can't rely on Lewis Hamilton at this point. It's horrible to say but it's the truth." Former Mercedes and McLaren star Hamilton appeared close to tears following the Spanish Grand Prix where he finished P6, even after a penalty for old rival Max Verstappen bumped him up the order. 4 Johnny Herbert suggested Ferrari 'can't rely on' Hamilton Credit: Getty 'It was a difficult day, I've got nothing else to add to it. There's no point explaining it." Hamilton will now have next weekend off to help him collect his thoughts before getting back behind the wheel for the Canadian Grand Prix on June 15. McLaren pair Oscar Piastri and He has opened up a huge 49-point gap to reigning four-time world champion Verstappen after the Despite That The system works on a 12-month rolling timer, but the next time the 27-year-old will see any points taken off his record will be June 30. Races are due to commence in Montreal and Spielberg before that date, meaning he will have to be on his best behaviour to avoid a ban. Picking up another point in Hamilton himself sits P6 in the standings, while his team have squeezed their way into P2. 4
The Irish Sun
8 hours ago
- The Irish Sun
La Ferrari hypercar is coming to Bumblebee 1000's charity roadtrip on June 13-15
IT'S only one week now until BUMBLEBEE 1000's Talladega Nights roadtrip sets off. On Friday, Saturday and Sunday June 13-15 over 100 of Ireland's finest supercars will embark on a three-day adventure kicking off from Barberstown Castle at 9am. 8 ULTIMATE FERRARI: Powered by a 6.3-litre V12 the LaFerrari produces 950bhp and can travel from 0-200kph in under 7 secs Credit: Bumblebee 1000 Last week I whet your appetite with details on just a few of the amazing machines taking part. And now I can confirm even more incredible supercars taking part like this — LaFerrari. This gorgeous Ferrari is actually a hypercar and is powered by a 6.3-litre V12 that uses F1-derived tech and a hybrid system to produce 950bhp. Only 499 were made. 8 RARE BEAST: Lamborghini Aventador 63 is one of only 63 worldwide Credit: Bumblebee 1000 8 BIG MAC: Track-focused McLaren 765, the most powerful LT ever Credit: Bumblebee 1000 ROUTE DETAILS: Talladega Nights roadtrip DAY 1 - Friday June 13 STARTLINE : Barberstown Castle, Dublin, 9am PITSTOP : National School, Scoil Bhride, Sallins Rd, Naas, Kildare, 10am FUEL STOP : Barrack Obama Plaza, Junction 12, Moneygall, Tipperary, 12 noon LUNCH STOP : Woodlands Hotel, Adare, Limerick, 1.30pm FINISH LINE : Neil Armstrong Way, Tralee Town, Kerry, 4pm DAY 2 - Saturday June 14 FUEL STOP : Walsh's SuperValu Caherciveen, Kerry, 10.30am LUNCH STOP : Sneem Hotel, Sneem, Kerry, 12.30pm FINISH LINE : Lewis Road Car Park, Killarney Town, Kerry, 3pm DAY 3 - Sunday, June 15 START LINE : The Europe Hotel Killarney, Kerry, 9.30am FUEL STOP : Mallow N20 Plaza, Limerick Rd, Mallow, Cork, 11am LUNCH STOP : Charleville Park Hotel, Charleville, Cork, 12.30pm FINISH LINE : Portlaoise Plaza, Junction 17, Portloaise, Loais, 3pm Also joining the action is another super rare supercar, a Lamborghini Aventador 63. Only 63 of these exist in the world and you can see and hear it as well as other rare Lambos like SVJs and Huracan Tecnicas. Plus the last Gallardo Superleggera ever made, number 618 of 618, will be taking part, this incredible machine, once owned by Eric Clapton. Also confirmed for the charity roadtrip is a stunning silver McLaren 765LT, the most powerful LT ever. Most read in Motors Its 4.0-litre twin-turbocharged V8 produces 765bhp and 800Nm of torque and just 765 will ever be produced. Other incredible cars will include, a Ferrari SF90 and a Ferrari 296 GTB. There will be Bentley Continental GTs including Ireland's only 2025 Mulliner model and other luxury marques include a Rolls Royce Cullinan. There will also be fire-breathing Nissan R35 GT-Rs bringing the noise to the event. German sportscars will be well represented with plenty of Porsche models like the race-ready GT3 RS, and Mercedes models too that will include E53 and C63 AMGs. Awesome Audi V10 R8 supercars as well plus a bevy of BMW M cars. 8 BEEM MACHINE: Keep an eye out for The Ligg in a red 727bhp BMW M5 Credit: Jacob Liggett 8 INCREDIBLE HULK: Lamborghini Huracan Tecnica Credit: Bumblebee 1000 And I'll be back driving the new 727bhp M5 thanks to So keep your eyes peeled for the Irish Sun's tamed motoring editor — The Ligg — behind the wheel of this Fire Red super saloon. And on Friday morning at Barberstown Castle you can see one very special and incredibly expensive hypercar that you simply won't believe is here in Ireland! After leaving Barberstown Castle the first Pit Stop will take pace at the National School, Scoil Bhríde, Sallins Road, Naas, Kildare at 10am. And then we'll make our way to our first Fuel Stop which will be at the Barrack Obama Plaza, Junction 12, Moneygall, Tipperary at noon. We will then journey to the Woodlands Hotel, Adare, Limerick for lunch at 1.30pm. And Day One will come to an end at the Neil Armstrong Way, Tralee, in Kerry as we cross the Finish Line at 4pm. Day Two, Saturday, June 14, will see us meet up at 10.30am and fuel our machines at Walsh's SuperValu, Caherciveen, in Kerry. Then we will hit the road again and power our way to the Sneem Hotel in Sneem in Kerry, where we will stop for lunch at 12.30pm. It will be another dash to the Day Two Finish Line, arriving at 3pm at the Lewis Road Car Park, Killarney, in Kerry. 8 HOLY TRINITY: Three stunning Lamborghinis, a Huracan STO, an Aventador SVJ and another Aventador with a crazy loud Capristo exhaust system Credit: Darren Liggett 8 DARK DESTROYER: Stunning Porsche GT3 RS Credit: Bumblebee 1000 8 BLACK BEAUTY: Mercedes-AMG E53 4matic hybrid Credit: Bumblebee 1000 Day Three will be another early start as those having a lie-in at the Europe Hotel in Killarney will awaken to the sounds of over 100 supercars starting up and revving into life at 9.30am. The multi-million euro convoy will head south to Cork and make a much-needed Fuel Stop at the Mallow N20 Plaza, Limerick Road in Mallow, at 11am. Lunch will be held in the Charleville Park Hotel, Charleville, Cork, at 12.30pm. Then the roadtrip heads for the Finish Line at the Portlaoise Plaza, Junction 17, Portlaoise, Laois at 3pm. As always, all proceeds from this event will go to the fabulous Read more on the Irish Sun To date, Bumblebee 1000 has raised over €608,649 for this incredible charity organisation. For more info head over to
The Irish Sun
a day ago
- The Irish Sun
UK's best-selling car unveils bold new look with stylish ‘star-point' lights and sleek interior
KIA has unveiled a new-look model of their popular Sportage – and it's gunning to stay one of the UK's favourite SUVs. The Advertisement 3 The model is getting a handsome facelift Credit: Supplied 3 It boasts a new sleek interior For buyers to better understand, they should know that Kia is launching the Sportage in three clear These are named Pure, GT-Line and GT-Line S. Each one comprises a range of plug-in hybrids . Automatic, manual, front and all-wheel Advertisement READ MORE MOTOR NEWS Inside the new The GT-Line S adds a full digital cockpit and a 10-inch head-up display. All versions keep a 1.6-litre turbo engine but each have different levels of hybridisation. The first hybrid starts with 148bhp and a choice of manual or dual-clutch automatic transmission. Advertisement Most read in Motors Full hybrids have jumped 28bhp to 235bhp thanks to a beefier e-motor. Meanwhile, Kia 's plug-in hybrid electric (PHEV) powertrain has gotten the biggest upgrade due to a 42bhp increase in power. The first-ever all-electric MINI JCW Aceman It can now punch out a whopping 283bhp. Kia has remained tight-lipped on the electric-only range's max distance - so shoppers can expect it to remain at roughly 40 miles. Advertisement The car manufacturer is sticking to offering the Sportage in its Euro-centric short-wheelbase form. Models made in the domestic Korean, American and Australasian markets will feature a longer wheelbase The exterior also boasts new colour options - as well as a range of new 17-19-inch wheels. New swipe-down shortcuts and AI voice control make the tech accessible and top of the line. Advertisement Also important to note, is the glossy scratch-prone plastics used in the surround, which have been binned for a tougher brushed metal trim. Since 2022, Brits have snapped up over 124,000 Sportages and sales have often topped monthly charts. Rivals like VW's Tiguan and Hyundai's Tucson are worthy competitors in the SUV market. But the Advertisement The old model already looks great, drives sweetly, and has the right mix of hybrid engines, useful tech and practicality. And it starts from just £29,000. The Sportage has been dubbed the "do-it-all family SUV". 3 Brits snapped up over 124,000 Sportages last year Credit: Supplied Advertisement
