Ferrari's first electric car to cost over $500,000

Reported 8 months ago

Ferrari's first electric car, set to be launched late next year, will have a starting price of at least 500,000 euros ($535,000), according to a source. This price is significantly higher than the average sale price of a Ferrari, reflecting the brand's confidence in the demand from ultra-wealthy consumers. The luxury automaker is also building a new plant in Maranello, Italy, which will boost production capacity and may introduce a second EV model in the future.

Source: YAHOO

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