Hyperdrive

Ferrari’s New Plant for Electric Supercars to Be Ready Next Year

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WATCH: Ferarri CEO Benedetto Vigna says the luxury automaker’s new next-generation powerplant factory “will be ready in June 2024.”Source: Bloomberg

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By Daniele Lepido and Chiara Remondini

June 5, 2023 at 3:41 PM UTC

This article is for subscribers only.

Ferrari NV new factory making electric supercars as well as next-generation powertrains will be ready from the middle of next year to start the manufacturer’s EV chapter.

The Italian luxury automaker’s site in Maranello, northern Italy, “will be ready in June 2024,” two years after construction started, Chief Executive Officer Benedetto Vigna said Monday in an interview Tommaso Ebhardt at Bloomberg’s Italy Capital Markets Forum. The so-called e-building will have assembly lines with the flexibility of making electric and non-electric cars, he added.