- Ferrari has reportedly delayed its second EV from 2026 to 2028.
- The holdup is due to very weak demand in the luxury electric space.
- Ferrari will deliver its first EV in 2026, but it’ll be a low-volume car.
An average zero to 60 mph (97 kmh) time of less than 3 seconds means Ferraris are never slow off the mark. But Maranello just put the brakes on its new EV, pushing the launch back two years, according to a new report.
Ferrari will still launch its first electric car, the Elettrica, in spring 2026 after kick-starting the teaser campaign for it into life this fall. But the company’s second EV, which was also due for release the same year, won’t now see the light of day until 2028, Reuters says.
Related: Ferrari’s First EV Could Supercharge Its Sales In The World’s Biggest Market
According to the author’s two sources, Ferrari ascertained demand was too weak to risk pressing ahead with the scheduled debut, a viewpoint shared by other automakers operating in the luxury-performance space. Lamborghini recently delayed its first EV from 2028 to 2029, Maserati axed development of its electric MC20, Aston Martin’s boss has said buyers don’t want electric cars and brands like Porsche have rejigged their plans to adapt future EVs to take combustion engines.
Ferrari has only confirmed that it’s working on one EV, but Reuters claims that first car, co-designed by former Apple design boss Jony Ive, is merely a “symbolic milestone” model to introduce us to the idea of an electric Ferrari and will be built in small numbers. The report describes the EV as costing over $500,000 and being “larger than normal” but definitely not an SUV.
It claims the second, delayed, electric car is the one that could really change things for Ferrari, or it might have, if the Italian supercar brand could find enough people who wanted it. Although the report gives no indication about what form the second EV will take, it says Maranello had planned to make 5-6,000 units over a five-year model life, but can’t envisage selling that many in the current climate. Ferrari declined to comment when asked about the allegations.
At least a delay will give Ferrari plenty of time to get the EV right before showing it to the world. Late last year we reported on claims that Porsche was delaying its electric Boxster and Cayman due because it was struggling to make the heavier electric sports cars handle as well as the outgoing combustion versions.
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