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Ferraris don't have a 100 % electrical future: CEO

"I really never see Ferrari 100 percent electric and it will certainly not drive 50 percent electric as long as I'm alive," announced Louis Camilleri.

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November
4, 2020

2 min read

This article has been translated from our Spanish edition using AI technologies. Errors can occur due to this process.

Ferraris are known as luxury cars that, while bought by people with very high purchasing power, are known for their engines. On Tuesday, CEO Louis Camilleri stated that the company would never go fully electric.

Image: Depositphotos

Speaking of the company's third quarter results, Camilleri said:

“With the improvement of battery technologies, longer term cost savings should be achieved. However, driving 100 percent electric is a big challenge; it means moving things forward.

I really don't think Ferrari will ever drive 100 percent electric. As long as I live it won't even be 50 percent. "

Last year the company launched the Ferrari SF90 Strade, its first plug-in hybrid model. This has only 35 kilometers of autonomy at a top speed of 135 km / h. However, it seems that it won't be something that the company will pursue for the long term.

Also in late 2019, Ferrari said its 100 percent electric vehicle would be delayed until after 2025. This is because "battery technology is not yet where it should be". However, the suspicion is evident on the part of the CEO.

Image: Depositphotos

According to Camilleri, hybrid technology is expensive and battery technology has room for improvement. "Being 100 percent electric forces things."

Many companies rely on this type of electric car, such as Elon Musk's Tesla, Amazon with its delivery vans, Rivian, Volvo and even Ford.

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