Ferrari SpA plans to build more hybrid vehicles following the success of the 1 million-euro ($1.34 million) LaFerrari as the manufacturer works to attract environmentally conscious wealthy buyers.
“I don’t believe in the electric cars, but I strongly believe in hybrids,” Chairman Luca Cordero di Montezemolo said in a Bloomberg Television interview with Sara Eisen at the manufacturer’s headquarters in Maranello, Italy.