Ferrari will produce its first-ever SUV later this year, and launch its first EV in 2025

Ferrari shared details on its plan to launch its first electric vehicle by 2025 as it aims to go carbon neutral by 2030.
The battery-electric supercar will set the tone for Ferrari’s future EVs, CEO Benedetto Vigna said Thursday at the company’s Capital Markets Day from its headquarters in Maranello, Italy.
The Italian luxury carmaker said it plans for 60% of its sales to come from hybrid and fully electric models by 2026. That share will increase to 80% by the end of the decade.
Ferrari already has four hybrid models. The first nameplate, the 1,000-horsepower, $513,000 SF90 Stradale plug-in h

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