Ferrari boss promises 'emotion' won't be lost in EV engine roar
Publishing timestamp: 2024-03-19 11:22:18
Summary
Ferrari is launching its first fully electric vehicle in late 2025 and plans to have 60% of its sales split between electric and hybrid cars by 2026. The CEO promises that the electric vehicles will offer the same unique experience as their combustion engines, with a focus on performance, design, and driving experience. Ferrari engineers are working on sound signatures for the EVs to rival the sound of their combustion engines. The company's stock has been performing well, but some analysts have downgraded it due to its high valuation.
Sentiment: POSITIVE
Tickers: RACE-IT,
Keywords: business news, luxury, transportation, wealth, ferrari nv, electric vehicles, autos, investment strategy, breaking news: investing, breaking news: business,
Source: https://www.cnbc.com/2024/03/19/ferrari-boss-promises-emotion-wont-be-lost-in-ev-engine-roar.html