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Ferrari Is Finally Getting Off Its High Horse And Is Embracing Electric Cars
Ferrari Is Finally Getting Off Its High Horse And Is Embracing Electric Cars-August 2024
2024-02-19 EST 22:10:30

Image for article titled Ferrari Is Finally Getting Off Its High Horse And Is Embracing Electric Cars

has read the room. The Italian carmaker is finally admitting that electrification is where cars are heading — in its case, more like being dragged kicking and screaming. Nonetheless, Ferrari is now pushing its battery electric car release up by five years, according to a from Bloomberg.

That means the Prancing Horse will adorn a fully electrified car by 2025, rather than 2030. This is a significant course correction for Ferrari who had been dismissive of EVs in the past. The Bloomberg calls it reluctance.

Image for article titled Ferrari Is Finally Getting Off Its High Horse And Is Embracing Electric Cars

I think that is a little generous when you consider the from Ferrari’s previous leadership. The carmaker’s last chief executive officer, , all but claimed that its customers didn’t want a fully electric Ferrari. I think that attitude had very much to do with not going against the image Ferrari wanted to project, which under Camilleri was all about a certain lifestyle.

The problem is that attitude relegated EVs to something less urgent and necessary than they really are. It reinforced the notion that the wealthy are above any crises we collectively face. As if the electrification of the auto industry is beneath supercar buyers.

Image for article titled Ferrari Is Finally Getting Off Its High Horse And Is Embracing Electric Cars

It’s quite a pretentious notion and I’m happy that Ferrari’s current chairman, John Elkann, has addressed the importance of getting an all-electric Ferrari on the road sooner. Elkann spoke to Ferrari’s EV plans on an during Ferrari’s annual general meeting, from the Bloomberg .

Besides sharing the new projections for the electric Ferrari, Elkann also on why the company is embracing EVs:

We are continuing to execute our electrification strategy in a highly disciplined way.

...

Our interpretation and application of these technologies both in motorsport and in road cars is a huge opportunity to bring the uniqueness and passion of Ferrari to new generations.

That’s a more sensible approach, and possibly a more lucrative one, too. New generations being the giveaway. The Camilleri approach feels silly because it to an aging demographic.

Just think of storied companies and their reluctance to change for the sake of what, brand integrity? OK, Camilleri. Go ahead and ask what brand integrity is worth. Even Harley has had to course correct, and it put itself on the path to electrification with the .

Image for article titled Ferrari Is Finally Getting Off Its High Horse And Is Embracing Electric Cars

And it’s not like Ferrari hasn’t done anything at all in this arena. Though, the effort Ferrari has put into electrification has yielded only the SF90 Stradale so far, which feels like a tepid entry into the EV segment with it’s . But it is a Ferrari, for what that’s worth.

So, let’s see more, Ferrari, but stick to red and yellow; I actually do mean that one. Whatever BEV Ferrari debuts in 2025, I hope it puts zero EV accents on the car.

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