• By Divanshi Sharma
  • Fri, 28 Jun 2024 06:06 PM (IST)
  • Source:JND

Italian supercar manufacturer Ferrari has started road testing its first-ever electric vehicle (EV). The initial sightings of Ferrari's EV test mule were on the outskirts of Maranello, featuring parts from various other cars. The upcoming Ferrari EV is expected to be priced at over $500,000 and will be manufactured at a brand-new facility.

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The current test vehicle, though confirmed to be a Ferrari EV mule, is not representative of the final product's appearance. The test mule resembles a large hatchback but actually uses the bodyshell of a Maserati Levante SUV. It even sports fake quad exhausts at the back and a modified rear bumper. The front end features Ferrari Roma headlamps, adding to its unique look. This mule has larger wheels than the standard Levante and a lowered suspension. Additionally, it features plastic extensions to cover the wider track and a closed-off front grille.

Ferrari plans to officially reveal its first EV next year. According to a Reuters report, the vehicle will cost over $500,000 (around Rs 4.17 crore) before any options are added. Leaked patents suggest it will be a two-seater with an electric motor on each of its four wheels, indicating advanced all-wheel-drive capabilities. Ferrari is also developing a second EV, which is currently in the works.

The new Ferrari EV will be produced at a state-of-the-art facility in Maranello. This factory will be capable of manufacturing electric vehicles, hybrids and internal combustion engine (ICE) cars. This flexibility is expected to increase Ferrari's annual production to approximately 20,000 units.

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Despite Ferrari's plans to launch its first electric car, the company remains dedicated to exploring new technologies while preserving its traditional engines. CEO Benedetto Vigna acknowledged the challenge of meeting different customer preferences. Some potential buyers are excited about Ferrari's electric cars, but many long-time fans are hesitant to give up the iconic sound of Ferrari’s internal combustion engines.