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Ferrari targets every two in five cars it sells to be electric by 2030

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Ferrari on target for a greener future: Supercar maker plans for 2 in every five cars it sells to be fully electric by 2030

Ferrari is targeting a cleaner future with two in every five cars it sells set to be fully electric by 2030.

Having launched its first hybrid automobile in 2013, the automobile maker goals to ramp up sales of those models to 40 per cent by the top of this decade.

Ferrari will do that by turning its historic factory in northern Italy right into a hub for battery-powered cars, underscoring how even probably the most pure-bred makers of combustion engines are embracing an electrical future.

Cleansing up: Ferrari, led by chief exec officer Benedetto Vigna (pictured), is aiming to ramp up sales of its hybrid and electric models to 40%  by the top of this decade

It’ll invest £3.7billion over the period to develop fully electric and plug-in hybrid models. 

‘We now have all the abilities, all of the capital to successfully manage the electrical transformation,’ chief executive officer Benedetto Vigna said.

Vigna was brought in last 12 months to hurry up Ferrari’s transition away from the 12-cylinder combustion engines which were the hallmark of the carmaker for many years.

Up to now only 4 Ferrari models – or 20 per cent of the range – are hybrid cars.

Between 2023 and 2026, the corporate said it can launch 15 models, which include a supercar.

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