Ferrari has officially confirmed when we’ll see its first-ever fully electric car—and it’s not far off. The luxury Italian brand says the EV will start reaching customers in October 2026.
Ferrari isn’t ditching petrol just yet. In fact, the company is still backing traditional engines and hybrids for the long haul. But next year marks a big step into the electric future.
CEO Benedetto Vigna revealed this week that Ferrari’s EV rollout will begin on October 9, 2025, with a first look at the car’s tech during a big investor event. But don’t expect a full reveal then—it’ll be more of a teaser, with a proper global unveiling coming in spring 2026.
The car is expected to be called the Elettrica, and it’s being built at Ferrari’s brand-new, state-of-the-art “e-building” in Maranello. Right now, the factory is still in ramp-up mode—think fine-tuning robots and running systems checks before production kicks off.
Ferrari’s announcement came during its latest earnings report, which showed a 15% jump in profits in the first quarter of 2025. The company’s sticking to its full-year targets, despite concerns about the 25% US car import tariffs brought in by Donald Trump. To offset some of the hit, Ferrari says it’s raising prices on certain models headed to the States by around 10%.
Vigna also warned those tariffs could shave 50 basis points off its 2025 profit margins, but unlike some other major carmakers (looking at you, Ford and Mercedes), Ferrari hasn’t changed its financial forecasts.
Ferrari’s electric debut won’t mean the end of loud engines anytime soon. Hybrids made up 51% of Ferrari’s sales in 2024, and the brand plans to keep offering petrol, hybrid, and fully electric cars side-by-side.
Oh, and if you’re into custom specs—Ferrari says demand for personalised builds is soaring, especially in the US, helping boost those profits.
They’ve already launched the 296 Speciale plug-in hybrid and its convertible version this year, and by the end of 2025, we’re getting six new Ferrari models—including the long-awaited EV.
