Ferrari’s first EV is still on track for 2026, but a second model has reportedly been delayed until 2028.
Ferraris are known for blistering performance — most hit 0–60 mph in under three seconds — but when it comes to electrification, Maranello is tapping the brakes. According to a new report from Reuters, Ferrari’s second electric vehicle has been pushed back two years to 2028.
The brand’s first EV, the Elettrica, is still on track for a spring 2026 debut, with a teaser campaign set to begin this fall. However, internal sources claim the follow-up model has been delayed due to weak demand — a hesitation that seems to be echoed across the high-end performance segment. Lamborghini recently postponed its first EV to 2029, Maserati canceled its electric MC20, and Aston Martin has said luxury buyers aren’t ready for full electrification. Even Porsche is tweaking its plans to keep combustion options viable.
Ferrari has only publicly acknowledged one EV in development. That car, reportedly co-designed by former Apple designer Jony Ive, is said to be a limited-run “symbolic” model priced over $500,000. While not an SUV, it will be larger than a typical Ferrari and built in small numbers to ease the brand into the electric era.
The second EV, which has now been delayed, was expected to be a more serious production effort, with plans to build 5,000–6,000 units over five years. But given the current market, Ferrari no longer sees those numbers as realistic. The company declined to comment on the report.
Still, the delay gives Ferrari time to fine-tune the vehicle — and avoid the kind of driving dynamics issues Porsche is reportedly facing as it tries to electrify the Boxster and Cayman without compromising performance.
