Referred to as the “e-building,” the plant will build future EVs from the brand, in addition to models containing internal-combustion engines, Vigna said. The plant will also build components for electrified vehicles, including motors, inverters, and batteries.
Though the plant will be ready next year, volume production of Ferrari's first EV isn't planned until 2026. The EV,In addition to EVs, Ferrari also plans more plug-in hybrid models in its quest to reduce emissions. Vigna in 2022 said Ferrari has a goal of becoming carbon neutral by 2030. Other specific targets he mentioned at that time included growing sales of electrified models to 60% by 2026 and 80% by 2030—with that 80% split evenly between EVs and hybrids.