Ferrari will launch its first EV in 2025, but CEO Benedetto Vigna says “ICE still has a lot of work to do”.
In March, the EU announced that some fully e-fueled cars would be allowed to continue to be sold outside the region. Ban on sales of new internal combustion engine vehicles by 2035enhancing the attractiveness of low-volume brands like Ferrari that continue to build and sell non-electric vehicles.
- EU has banned the sale of new ICE cars after 2035
- Cars running entirely on e-fuel have been exempted
- Ferrari now has pure hybrid and ICE engines in its lineup
E-fuels grow faster than expected
Speaking at the Financial Times’ Future Cars conference in London, Vigna said the brand was still on track to meet its 2030 carbon neutral target and that it would launch the product. first electric car in 2025as previously announced, but the ability to continue to sell internal combustion vehicles is a boon as “ICE still has a lot of work to do”.
He explained that the e-fuel story is unfolding at a faster pace than previously anticipated, which has opened up new possibilities for Ferrari in terms of future product and technology roadmaps. “The discussion was going on a few weeks ago about the use of e-fuel – I think this will happen in 2025 or 2026. Now it happened two years ago,” Vigna said.
“This is great for us because you can run the heater [combustion] vehicles are fuel neutral, because you take CO2 from the atmosphere and mix it with other things. So I think the two are very compatible and this is a reinforcement of our strategy, if you will.”
Ferrari’s Future Lineup
Ferrari has so far been tight-lipped about the design, engineering and placement of its first electric car, but Vigna says all the parts supply lines have been planned and suggests that the car is almost ready for launch: “It’s 2023 and 2025 is tomorrow…”
Beyond that, the Italian brand has revealed very little about how its lineup has evolved, but Vigna’s latest comments suggest that combustion can still play a core role. He said: “This approval of the European Union [for the e-fuel exemption] is very, very good for us – for us and for the world, I believe – because it gives life to a technology that still has a long way to go. There’s a lot that can be done in terms of efficiency, in terms of emissions.”
He added: “So assuming we, as a company, are going to stick to our strategy: we’re investing in ICE, we’re investing in hybrids, we’re investing in hybrids, we’re investing in hybrids. invest in electric vehicles.”
Vigna ceased to confirm that it was appropriate to invest in brand new engines. Ferrari currently has a 3.0-litre V6, a 3.9-litre V8 and a 6.5-litre V12 in its portfolio – the first two have been used in a hybrid. 296 GTB And SF90Stradale supercar.
Crucially, the EU’s e-fuel waiver proposal stipulates that any combustion vehicle sold after 2035 must not be able to run on anything other than e-fuel, meaning any current engine. Any site may need to be heavily reworked to meet the requirements.