Ferrari Won’t Have a Second EV Until 2028: Report
Here's one Ferrari that will take longer to reach the finish line than initially expected.
The storied sports car maker has decided to delay the release of its second EV from 2026 to 2028, according to Reuters . The holdup isn't due to a hitch in development but because the company is finding that its loyal customer base just isn't all that interested in a fully electric Prancing Horse.
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The financial news wire reports that the Italian marque had been planning to release another previously undisclosed EV around the end of next year. That second battery-powered model is no longer expected to appear before 2028. A source with knowledge of the situation told Reuters that the delay will give the automaker more time to refine the vehicle and its technology, but the decision has been made primarily due to a lack of demand for an electric sports car.
The limited-run Ferrari F80 halo car has a hybrid powertrain
Ferrari declined to comment on the story, but a spokesperson told Robb Report : "We have never made any statements regarding a second electric Ferrari."
Despite this, Ferrari, a company known for its potent gas-powered engines, will still begin unveiling its debut EV later this year. Little is known about the vehicle, which will be revealed in a three-stage process spanning from October to next spring. It is expected to be a "large" model, but not an SUV (although it should be noted that the company doesn't call the Purosangue an SUV either). Deliveries are expected to begin in October 2026.
The company, which launched its first hybrid, the LaFerrari , in 2013, also has multiple electrified models in its current lineup. The SF90 , which made its debut in 2019, has a powertrain that includes a 4.0-liter twin-turbocharged V-8 and three electric motors, while the 296, which went on sale in 2021, pairs a 3.0-liter twin-turbocharged V-6 with an electric motor. The company's latest limited-run halo car, the F80 , features a 3.0-liter twin-turbocharged V-6 that gets help from a trio of electric motors.
Ferrari's reported decision to bump back the release of its second EV is just the latest example of an automaker having second thoughts about its electrification strategy. Last year, Lamborghini pushed back the launch of its debut EV , which is said to be based on the high-riding Lanzador concept , from 2028 to 2029. Aston Martin has also adjusted its course due to customers not being as keen on electric vehicles as originally anticipated.
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