Ferrari is reportedly set to kick off its electrification strategy by adding an EV production line in Italy.
According to sources familiar with the plans that spoke with Automotive News, the Italian supercar maker has secured space near its plant in Maranello to add a third production line that will be dedicated to making electrified vehicles.
The sources added that the expansion will likely also include a new EV battery research and development center.
While the news is unofficial for now, we should receive confirmation next week as Ferrari CEO Benedetto Vigna is expected to highlight the automaker’s electrification strategy at an event on June 16.
Ferrari has so far been reluctant to shift to electric powertrains, as the previous CEO Louis Camilleri said the battery technology was not yet where it needed to be to make an electric Ferrari. That stance pushed back the company’s plans to launch their first EV from 2022 to at least 2025.
Vigna was hired in 2021 to help push Ferrari from its traditional 12-cylinder engines into the electric future.
Source: Automotive News