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Ferrari To Postpone Its Second EV Because Of 'Zero' Demand
Ferrari To Postpone Its Second EV Because Of 'Zero' Demand

Forbes

time2 days ago

  • Automotive
  • Forbes

Ferrari To Postpone Its Second EV Because Of 'Zero' Demand

Ferrari F80 hybrid Given the momentum with which global carmakers are surging ahead with electrification plans, it'd seem foolish to think that preparations for a second Ferrari EV model are not in the pipeline, despite the fact that the company's first EV model hasn't even debuted yet. According to Reuters however, Ferrari's second EV is currently in jeopardy, presumably due to almost "zero" demand. Originally intended to be a low-production demonstration of their electrification technology, Ferrari's first electric vehicle is scheduled to debut on October 9, 2025. According to the newswire, an unnamed source claimed that Maranello had to postpone the second model's launch, which was originally slated for 2026, until at least 2028 due to low demand for the series-production model. Ferrari's Maranello factory. (Photo credit should read GABRIEL BOUYS/AFP via Getty Images) Electrification is nothing new to Ferrari. Both the LaFerrari and the SF90 Stradale, the Prancing Horse's first hybrid cars, were widely lauded by both fans and reviewers alike when they were first presented in 2013 and 2019, respectively. Going all EV, meanwhile, appears to be a completely different matter. When Ferrari first revealed its EV plans, many outspoken fans voiced their disapproval, as was to be expected. Some argued about "soul" and "character," while others, perhaps more sensibly, raised concerns about the possible weight gain from the EV batteries, which would compromise driving dynamics. Ferrari is still moving forward with its first EV supercar project, which is expected to launch for about EUR500,000. Their new EV model, to be built at Ferrari's new facility, is an integral part of a three-stage plan with the grand finale slated for sometime in spring (March to June) next year, with deliveries starting in October. Maranello's most recent move is just another example of sports car manufacturers scaling back their electrification plans, as many attribute this development to waning demand and changing market perceptions. Porsche most recently declared that, at least for the foreseeable future, it will continue to develop its internal combustion engines while delaying its electrification ambitions.

Style Edit: Richard Mille and Ferrari unveil the RM 43-01 Tourbillon Split-Seconds Chronograph Ferrari, a masterpiece of engineering and design housed in microblasted titanium or Carbon TPT
Style Edit: Richard Mille and Ferrari unveil the RM 43-01 Tourbillon Split-Seconds Chronograph Ferrari, a masterpiece of engineering and design housed in microblasted titanium or Carbon TPT

South China Morning Post

time17-04-2025

  • Automotive
  • South China Morning Post

Style Edit: Richard Mille and Ferrari unveil the RM 43-01 Tourbillon Split-Seconds Chronograph Ferrari, a masterpiece of engineering and design housed in microblasted titanium or Carbon TPT

When two icons of engineering – Richard Mille and Ferrari – join forces, the result is nothing short of extraordinary. Enter the RM 43-01 Tourbillon Split-Seconds Chronograph Ferrari, the latest timepiece born from this powerhouse collaboration, designed not only to perform at the highest level but to look unmistakably Ferrari in every detail. Crafted with input from Ferrari's supercar factory Centro Stile, the RM 43-01 is infused with automotive DNA, from its sculptural crown to the strap inspired by Ferrari's Purosangue seat architecture. The case, pushers, and even dial components exhibit the same muscular look found in Ferrari's most iconic machines – think the SF90 Stradale or the Daytona SP3. It's not design for design's sake – every form is rooted in performance. Ferrari Formula One drivers Charles Leclerc and Lewis Hamilton. Photo: Handout Advertisement At its core lies the RM43-01 calibre, engineered over three years and developed with Richard Mille's long-time movement partner, Audemars Piguet Le Locle (APLL). Housed in either microblasted titanium or Carbon TPT (with 75 pieces available in Carbon TPT, and another 75 in Carbon TPT and titanium), the calibre rests on a highly skeletonised Grade 5 titanium baseplate – lightweight, incredibly strong, and visually striking. A torque indicator, function selector and 70-hour power reserve complete the technical 'dashboard', while an active seconds display with five rotating blades adds kinetic beauty. RM 43-01 Tourbillon Split-Seconds Chronograph Ferrari in Carbon TPT. Photo: Handout But it's the finishing that truly elevates the RM 43-01. The metallic texture of the baseplate recalls the industrial elegance of sand-cast engine components, while microblasted bridges mimic the matt finish of Ferrari engine covers. Angular ridges, golden hexagonal screws, and X-shaped supports create a bold, three-dimensional aesthetic that feels almost like an exposed engine block as much as haute horlogerie. The Richard Mille tourbillon split-seconds chronograph has been reimagined with refined components that improve efficiency and power distribution. Photo: Handout The tourbillon split-seconds chronograph – a signature Richard Mille complication – is reimagined here with refined components that improve efficiency and power distribution. Through extensive simulation and testing, the mechanism has been optimised to deliver consistent torque across the entire power reserve, echoing Ferrari's relentless pursuit of peak performance. This is not just a tribute watch – it's a high-speed manifesto. One that bridges the worlds of motorsport and watchmaking with clarity, precision and style. As Ferrari's Flavio Manzoni puts it, 'Anything that has a technical purpose can also be beautiful.' The RM 43-01 embodies that philosophy in every screw, surface and split-second.

Ferrari Isn't Backtracking On Its EV Ambitions, Will Launch First Electric Supercar This Year
Ferrari Isn't Backtracking On Its EV Ambitions, Will Launch First Electric Supercar This Year

Yahoo

time05-02-2025

  • Automotive
  • Yahoo

Ferrari Isn't Backtracking On Its EV Ambitions, Will Launch First Electric Supercar This Year

The world of electric vehicles is uncertain right now, with automakers backtracking on targets, the new U.S. government slashing support for their rollout and brands delaying new models all over the shop. Not Ferrari, though, as the famed Italian automaker has confirmed that its first electric car is coming, and it's coming soon. Ferrari has been teasing its plans to go electric for years, with it investing heavily in its plants in Italy to prepare them for new all-electric powertrains and testing dozens of EV prototypes on the roads around its Maranello base. The company has now confirmed that the fruits of its labor will be revealed soon, with the first electric Ferrari set to debut in October, reports the Financial Times. The announcement is refreshing for the world of premium electric cars, as it comes just weeks after Aston Martin's decision to push back its first EV and Porsche revealed it's struggling with sales of the Taycan. Ferrari will no doubt be hoping that its star power can prevent a similar fortune befalling its first EV: Ferrari said it would unveil its first electric vehicle in early October as the Italian luxury-car maker posted a sharp rise in quarterly profits on the back of increased personalised features. Chief executive Benedetto Vigna said the carmaker would present an all-electric model that would be 'unique' in style, performance and driving experience. 'Don't ask me anything about the electric car. The Ferrari model, we will announce in a unique and innovative way,' said Vigna at the earnings briefing. Vigna was speaking during an earnings call in which Ferrari admitted that its sales in China had dropped as the region looked to electrification. Sales were down by 38 percent in China, reports Bloomberg, but Ferrari hopes a new EV could help turn around fortunes that could even see the automaker raise its cap on deliveries in the country. Away from its ambitions for the new EV, Ferrari has revealed little about what we can expect for the electric car when it does launch in 246 days. Vigna added that the new car would be launched in a 'unique and innovative way' come October 9, before adding that it would be one of six new cars from Ferrari this year, as Motor1 adds: The Prancing Horse remains tight-lipped about the identities of the five other models, but we have some ideas. The Italian exotic automaker has already ended production of the SF90 Stradale, which can only mean a replacement for the plug-in hybrid V-8 supercar will break cover later in 2025. We'll also likely see an updated 296, and logic tells us that convertibles will join both coupes. The brand is also rumored to be working on a cheaper version of its Purosangue SUV, which could pack in a hybrid V8 powertrain rather than the flagship's roaring V12. It's going to be a busy year for Ferrari then, as the automaker has also added Lewis Hamilton to its Formula 1 team, is promising even more sales over 2025 and has a Le Mans title to defend. For the latest news, Facebook, Twitter and Instagram.

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