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Ferrari’s first electric car to cost at least 500,000 euros: source


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Ferrari’s first electric car to cost at least 500,000 euros: source

FERRARI’S first electric car will cost at least 500,000 euros (S$725,145), a source familiar with the matter said, as the luxury automaker prepares to open a plant that will make the model – and could boost group production by up to a third.

The Italian brand, famed for its roaring petrol engines, has said it will launch an electric car late next year, and the planned price shows its confidence that ultra-wealthy drivers are ready for it, even as mass-market rivals are slashing electrical vehicle (EV) prices amid faltering demand.

The price tag, which does not include features and personal touches that typically add 15 to 20 per cent, is well above the average sale price of around 350,000 euros, including extras, for a Ferrari in the first quarter of this year, and many rival luxury EVs.

https://www.businesstimes.com.sg/companies-markets/transport-logistics/ferraris-first-electric-car-cost-least-500000-euros-source

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Hypersonic

Electric cars are to save the earth.

Making people buy expensive cars that use up the earth's resources

how is that going to save the earth?

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Twincharged

I saw a China Brand[Is it BYD.?]Also have a Supercar like Electric Car,i think it costs just 10% of Ferrari.

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