April 16, 2025

Ferrari will continue to invest in petrol, hybrid and EV powetrains, CEO says

MILAN (Reuters) - Luxury sportscar maker Ferrari will continue to develop petrol, hybrid and full-electric vehicles, its Chief Executive Bendetto Vigna said on Wednesday during the company’s annual shareholders’ meeting.

"Indeed ... we continue to invest in all three powertrains - internal combustion engine, hybrid, and full electric - to offer our clients maximum freedom of choice," Vigna said.

Known globally for its roaring petrol engines, Ferrari started selling hybrid models in 2019 and will unveil its fist fully-electric (EV) model in October.

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