MILAN - Ferrari's first electric car will cost at least 500,000 euros , a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make the model - and could boost group production by up to a third.
"There is an increasing demand out there for Ferraris, and they have room to meet part of it without compromising exclusivity," said Fabio Caldato, a portfolio manager at AcomeA SGR, which holds Ferrari shares.Waiting lists for some models can top two years."That is not getting any shorter. Being in the waiting list is in itself a status symbol," Caldato said, noting an increase in potential wealthy customers in emerging markets, such as India and the Middle East.
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