Whether you like it or not, electrification is proliferating throughout the automotive industry, and no brands are sacrosanct, even Ferrari. During its 2024 earnings call on February 4, the legendary Italian automaker confirmed that it will introduce six new vehicles this year, including its first EV, which is slated to be revealed in October.

Ferrari is preparing the landmark launch of its first fully electric car in October, the luxury sports car maker said on Tuesday, while targeting an increase of at least 5% in revenues and core earnings this year.

Ferrari will reveal its first all-electric car in October this year, the Italian supercar company has said. The news came after revealing its latest quarterly financial results on 4 February. The company also said that the EV will be one of six new models to be launched before the end of 2025.