First Full EV, the Elettrica, Set for Full Reveal in 2026
In a bold step that blends cutting-edge electrification with the Prancing Horse's legendary performance heritage, Ferrari has pulled back the curtain on its long-awaited first fully electric vehicle, codenamed Elettrica. While the complete design remains under wraps, the Italian automaker unveiled key technical details of the car's chassis, battery, and powertrain last week, signaling that deliveries could begin as early as late 2026. This phased reveal—spanning from now through the second quarter of next year—marks a pivotal moment for Ferrari as it navigates the global shift toward sustainable mobility without abandoning its combustion roots.
Ferrari's CEO, Benedetto Vigna, described the Elettrica as "a bigger deal" than the company's current flagship, the hybrid-powered F80 hypercar. Speaking at the firm's Capital Markets Day event in Maranello, Vigna emphasized that the vehicle is not positioned as a traditional supercar but rather as a versatile four-door, four-seater that pushes the driver forward for a mid-engine-like seating position, with reclined rear seats for added comfort. "This is Ferrari through and through," Vigna assured enthusiasts, promising an EV that drives with the same visceral thrill as its internal combustion siblings.
At the heart of the Elettrica lies a bespoke, production-ready platform developed almost entirely in-house at Ferrari's new "E Building" facility on the Maranello campus. This state-of-the-art plant, which also handles hybrid and combustion models on the same line, will produce critical components like electric motors, transaxles, inverters, and batteries—ensuring long-term serviceability for future classic EV restorations, much like Ferrari's current care for vintage ICE icons.
Performance figures underscore Ferrari's commitment to uncompromised speed and agility. The Elettrica boasts four proprietary electric motors delivering over 1,000 horsepower, catapulting the car from 0 to 60 mph in under 2.5 seconds and on to a top speed exceeding 192 mph. Powering this setup is a 122 kWh gross-capacity battery pack, offering more than 330 miles of range on the European WLTP test cycle—impressive for a high-performance EV. Advanced regenerative braking captures over half the force of an emergency stop, enhancing efficiency without sacrificing the marque's renowned handling dynamics.
One of the most intriguing aspects of the reveal was Ferrari's focus on addressing a perennial EV critique: the lack of an engaging soundtrack. Engineers have engineered a "harnessed" auditory experience by tapping into authentic vibrations from a hard point on the rear motor assembly, which varies with motor load, speed, and direction. "We haven't created anything artificial," a Ferrari spokesperson noted. "We've captured the real voice of the machine." While a full audio demonstration awaits, this approach aims to evoke the emotional roar of Ferrari's V-12 engines, albeit in electric form.
The interior, co-designed with input from Sir Jony Ive's LoveFrom studio, will debut in the first quarter of 2026, followed by the exterior reveal in Q2. Expect a cockpit equipped with dual steering-wheel dials for toggling between three energy modes (Range, Tour, Performance) and five drive modes (Ice, Wet, Dry, Sport, ESC-Off), blending intuitive controls with Ferrari's signature driver-centric philosophy.
Priced north of $500,000—with unconfirmed reports suggesting around $550,000—the Elettrica targets Ferrari's affluent clientele while attracting new buyers to the brand. Production volumes remain undisclosed, but Ferrari anticipates EVs comprising just 5% of sales in the model's debut year, scaling to around 20% by 2030—a downward revision from earlier projections of 40%, reflecting a more client-driven strategy amid evolving market dynamics. This pragmatic pivot aligns with broader industry trends, as seen in Volvo's recent abandonment of its all-EV-by-2030 goal.
The announcement came amid upbeat financial news, with Ferrari raising its 2025 revenue forecast to over €7.1 billion ($8.2 billion), buoyed by strong demand despite looming U.S. tariffs on foreign imports. Shares dipped initially on the tempered EV ambitions but have since stabilized, underscoring investor confidence in Ferrari's balanced portfolio of hybrids, ICE, and now electrics.
As the world races toward electrification, Ferrari's Elettrica promises to redefine luxury performance EVs—not as a replacement for the roar of Maranello's engines, but as a thrilling evolution. With the full spectacle slated for 2026, enthusiasts and collectors alike are left buzzing with anticipation. Will this be the heirloom-worthy EV that finally silences the skeptics? Only time—and a track test—will tell.