Ferrari’s Second Electric Car? It’s Not Happening

According to the CEO, additional electric models weren’t mentioned

It’s been three years since Ferrari shocked the world by announcing its first-ever electric car. The groundbreaking Prancing Horse will officially debut on October 9 during the brand’s Capital Markets Day—though the reveal will be a staged process. First comes the unveiling of its “technological heart,” followed by an interior design preview in early 2026, with the full debut later that year.

In the meantime, rumors have swirled about delays to a supposed “second Ferrari EV.” Reuters claimed in June that the project was pushed back twice due to “zero demand,” suggesting a launch no earlier than 2028. CEO Benedetto Vigna has now shut down the speculation, clarifying during Ferrari’s Q2 2025 earnings call: “We never talked about a second or third electric car.” Simply put, there’s nothing to delay because no follow-up model has ever been officially announced—whatever happens behind the scenes remains Ferrari’s secret.

Ferrari EV test mule based on Maserati Levante body

Vigna expressed full confidence in the first EV, saying it’s on schedule with “not a single hour of delay.” He recently drove a prototype on track and teased the team’s excitement for its arrival. Test mules wearing Maserati Levante bodies suggest the car may lean toward a grand tourer layout rather than a pure supercar, though it won’t necessarily become an SUV.

Pricing remains unconfirmed, but reports indicate a figure north of $500,000 for this low-volume model. A rumored successor—unofficial for now—would reportedly target higher production, around 5,000–6,000 units over five years.

Ferrari still plans for EVs to represent 40% of its sales by 2030, alongside 40% hybrids and 20% pure combustion cars. Its iconic V-12 will survive as long as regulations allow, powering the Purosangue SUV, the 12Cilindri, and future Icona specials.

While Ferrari moves steadily toward its first EV, rivals are less aggressive. Lamborghini has delayed the Lanzador to 2029, potentially with a hybrid setup, while Koenigsegg, Pagani, and Bugatti Rimac all face hesitant buyers in the electric hypercar space. Ferrari’s more measured approach—focusing on exclusivity and heritage—might be the smarter way to enter the EV era.

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  • Growing up with a father who was a mechanic I had an appreciation for cars and motorcycles from an early age. I shared my first bike with my brother that had little more than a 40cc engine but it opened up a world of excitement for me, I was hooked. As I grew older I progressed onto bigger bikes and...

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