It could also contain a new center for battery R&D.
Ferrari’s push towards electrification has been more cautious than other automakers. But, this report may change that. According to reports, the Italian automaker is about to announce that it will be significantly expanding its Maranello production facility. Ferrari intends to dedicate the third assembly line to hybrid vehicle production. It will announce its plans on June 16th, capital markets day.
This report is from Bloomberg Syndicated through Automotive News Europe It cites a source about Ferrari’s plans to “people who are familiar with the matter” and also mentions that Ferrari could expand its facilities to house a new battery R&D Center.
According to reports, Ferrari CEO Benedetto VIgna will announce plans and outline the automaker’s EV strategy. Vigna will outline the company’s business plan over the next four years. This should include the launch its first EV in 2025. Ferrari originally planned to launch its first EV in 2025. However this timeline was changed in early 2021.
Ferrari announced that named Vigna, who has spent many decades in the technology sector, was its new CEO. Ferrari hopes that his 26-year experience at STMicroelectronics will be a benefit to the company as it navigates the electrified future. Vigna made an announcement earlier this year about a major restructuring of the company’s organization.
Although Ferrari’s first fully-electric vehicle is years away, a February patent filing gave a glimpse at what the future holds. Ferrari revealed in the filing that it had created a chassis that could support hybrid and electric powertrains for sports cars. The passenger compartment is located on top of the battery. In 2020, a patent was filed that showed an EV using our electric motors.
Electrification will be a significant shift in the industry and for brands such as Ferrari, which has a reputation for its high-powered V8 engines and V12 engines. Ferrari is aware of the future and will announce its plans next week.