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Electric cars will account for about 20% of sales by 2030

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Ferrari said, Electric vehicles will account for about 20% of its sales by 2030, retreating from its previous ambition of achieving a 40% electric vehicle mix by then, and the company will continue to offer its V6, V8 and V12 engines in the future.

Electric cars will account for about 20% of Ferrari sales by 2030

According to what was reported by the Auto Car website, the Italian supercar company today revealed the technical details of its first electric car – a four-motor car with 1,000 hp, four seats, a 122 kWh battery, and a driving range of 329 miles, which will be launched next year.

The company has also set its financial outlook to 2030, with conservative earnings forecasts falling short of analysts’ expectations, sending the company’s share price down 16% – its worst day on the stock market since listing in 2015.



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