Ferrari has shut down a methane gas-fueled electricity generation plant its home town of Maranello as it aims to double its solar power production, the Italian luxury sports carmaker said on Tuesday.

But what makes this different from many other contemporary supercars, Ferrari’s V12 is not turbocharged, supercharged or used as part of a hybrid-electric setup like in Lamborghini’s Revuelto.

Speaking at Ferrari's capital markets day, CEO Benedetto Vigna said Ferrari will launch 15 new vehicles by 2026 that will bring its mix to 5% electric, 55% hybrid and 40% internal combustion.

Before Formula 1’s cost cap implementation, Ferrari was among the sport’s top spenders, using its financial muscle to maintain its status as a championship contender. However, since the 2021 ...

Ferrari Expects Its BEVs To Offer Same Profit Margins As Gas Models The brand's first all-electric model will arrive in the fourth quarter of 2025 but volume production will begin in 2026.

While management is focused on value, capital markets continue to price in growth. Ferrari strongly believes in powertrain neutrality. It is expected to launch its first electric vehicle during 2025.