

Alborz Fallah
Ferrari's share price takes a hit as it walks back EV volume targets
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Ferrari’s first electric vehicle (EV), the four-door, four-seat Elettrica (codename), will be unlike any Ferrari before it. It is not a supercar in the traditional sense and, according to the company’s Chief Product Development Officer, Gianmaria Fulgenzi, it will be even more practical than the Purosangue SUV.
“Yes, I can already tell you that it’s not a supercar,” Fulgenzi said during the car’s presentation in Maranello. “We selected this architecture because it allowed us to achieve a centre of gravity 80mm lower and a 20 per cent reduction in polar moment of inertia. These parameters have a noticeable impact on lateral dynamics and usability.”
Ferrari says the Elettrica is designed to be a new kind of daily Ferrari, combining all-electric performance with comfort, range and space. Its platform, packaging and proportions are said to make it more versatile than the Purosangue SUV, despite its lower height and sporting design.
Ferrari CEO Benedetto Vigna confirmed that the choice not to create a traditional supercar was intentional and made several years ago. He said the decision reflected both technical limitations and the company’s desire to expand the Ferrari experience beyond its existing segments.
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“We were clear, this is not a supercar, because this was a good choice we did a few years ago,” Mr Vigna said. “The battery cell chemistry was not at the point to have a supercar, because in our strategy, supercar is the top of the top of the top of the performances.”
Mr Vigna said Ferrari’s customers had already responded positively to the approach, recognising that the Elettrica’s purpose is to deliver a different kind of emotion rather than chase outright performance records.
“I have to tell you that I already got some insight from some people that I appreciate that we didn’t develop a supercar,” he said. “The message is clear. If the car does what we believe it does, it will have a good acceptance. I trust the team. They know very well how to deliver unique emotion through vehicle dynamics.”
The Elettrica’s technical specification places it among the most advanced Ferraris ever made. It uses a 122kWh structural battery pack integrated into the chassis, designed and assembled in Maranello with cells supplied by SK On in South Korea.
The pack achieves 305Wh/kg at cell level and 195Wh/kg at pack level, operates at 800 volts, and supports 350kW DC fast-charging. Each of the 15 battery modules can be replaced individually as part of Ferrari’s long-term service program.
Ferrari engineers developed almost all major systems internally, including the motors, inverters and control software. More than 60 patents were filed during the project, covering weight reduction, cooling and electrical efficiency.
The Elettrica’s chassis uses 75 percent recycled aluminium, reducing production-phase CO2 emissions by about 6.7 tonnes per car. Its low-slung body and centralised mass distribution deliver a 47-53 front-rear weight balance and help maintain Ferrari’s trademark steering feel and agility, even at a total weight of around 2300kg.
Mr Vigna said the Elettrica represents a milestone for Ferrari and a clear signal of how the company intends to expand its portfolio while preserving its core DNA.
“When I see this car, I have goosebumps,” he said. “I imagine that the team that saw the first Ferrari driving through the gates in 1947 had the same feeling. This is a milestone moment for us.”
He explained that Ferrari’s ‘E-Building’ in Maranello was created specifically for hybrid and electric models and symbolises the company’s broader philosophy.
“The E in E-Building stands for evolution, environment and energy,” he said. “This is not a revolution for Ferrari. It is the next chapter of the same story.”
Mr Vigna said Ferrari will continue to pursue “technology neutrality”, producing internal-combustion, hybrid and electric cars in parallel to meet the preferences of its clients.
“We are mastering different technologies to create different driving thrills,” he said. “Because the objective of our company is to harness any technology to delight our clients.”
For Ferrari, the Elettrica is not simply about zero emissions. It is designed to deliver the same sensations that define every Ferrari, including acceleration, braking, cornering, gear shift and sound, all reinterpreted through an entirely new kind of drivetrain.
“Sound is one of these generators,” he said. “The Elettrica gives a new interpretation of how to make the driver feel emotion, both heart and soul.”
The Ferrari Elettrica will enter production in Maranello’s new e-Building in 2026, signalling the company’s entry into the era of fully electric performance.
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Alborz Fallah is a CarExpert co-founder and industry leader shaping digital automotive media with a unique mix of tech and car expertise.
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