TECHNOLOGY

Ferrari tells investors it will build 'even more unique' electric cars

The shift will allow Ferrari, known for its powerful combustion engines, to build "even more unique cars"

In Summary

•The shift will allow Ferrari, known for its powerful combustion engines, to build "even more unique cars"

A charging cable is plugged into a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021.
A charging cable is plugged into a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021.
Image: REUTERS
A charging cable is plugged into a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021.
A charging cable is plugged into a Ferrari SF90 Stradale hybrid sports car during a media preview at the Auto Zurich Car Show in Zurich, Switzerland November 3, 2021.
Image: REUTERS

Luxury sports car maker Ferrari will always produce one car less than the market demands to preserve its uniqueness as it shifts to electric models, Chief Executive Benedetto Vigna said on Thursday as he unveiled the company's new business plan.

Opening the presentation, Chairman John Elkann said a shift to electrification would allow Ferrari, known for its powerful combustion engines, to build "even more unique cars".