Ferrari will launch its first EV in 2025 and will likely need extra capacity to support production.
Ferrari is gearing up to add electric vehicles to its lineup starting from 2025, and a new strategy outlining the company's electrification plans for the coming decade is set to be announced by CEO Benedetto Vigna on Thursday.'s sources, part of the plan includes a major expansion of Ferrari's plant and headquarters in Maranello, Italy, to support production of electrified vehicles.
Citing three people familiar with the plan, Bloomberg reported last week that Ferrari has purchased land adjacent to its plant, which will eventually be used for a third production line dedicated to EVs and hybrids, as well as to house a battery R&D center.
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