Ferrari confirms it’ll build an electric car, but not until after 2025

Ferraris chief executive confirmed mid-December that an electric vehicle will wear the brands Prancing Horse, but only after 2025, when itll slot into the GT lineup alongside the companys V12s.My sense is the electric will come out after 2025. The battery technology is not where it should be yet, said CEO Louis Camilleri during an embargoed lunch this week in the Centro Stile at Ferraris Maranello factory.The car would become part of the GT lineup of vehicles, rather than attempt to slot into the performance lineup populated by mid-engined supercars. Since a GT car must go long distances at high speed, electric vehicle technology still has some catching up to do in order to appease Maranello.There are still significant issues in terms of autonomy, in terms of speed of recharging. So eventually we will come out with one. But its post-2025. Not in the short term, said Camilleri. The fully electric vehicle will be a major departure for Ferrari, which has wn multiple awards for its internal-combustion engine designs. Founder Enzo Ferrari was from the start very proud of his companys powerplants, saying aerodynamics are for those who cant build engines.But it seems that times are changing, and so must the most stubborn brand in history. Luckily, we still have five-plus more years of solid Ferrari V12s before the EV trend threatens their security.LISTEN: What do you get when you combine a cross-country electric vehicle road trip with a poignant love story? Mary Ann’s Electric Drive, that’s what. In this week’s episode of Plugged In, we chat with Harvey Soicher, a Vancouver man who tragically lost his soul mate 18 months ago but found some semblance of healing by embracing what he calls a ‘pioneer spirit’ to drive his Audi e-tron from the Pacific Ocean to the Atlantic Ocean and back.
Origin: Ferrari confirms it’ll build an electric car, but not until after 2025

Pagani CEO: “We will build V12 hypercars until 2026”

Horacio Pagani, the founder of Italy’s most extravagant hypercar maker, has confirmed that a fully electric hypercar is in the works – but the highly regarded V12 engine will stick around for some time.  Pagani is a man who has always found it difficult to say no to his customers. His company’s first hypercar, the Zonda, had its retirement delayed for years because affluent buyers, including Lewis Hamilton, begged for the chance to buy one.  Now we’re facing what is meant to be the last version of the Huayra, the BC Roadster, although Pagani himself admits that plan may slip.  “It is scheduled to be the last production model,” he told Autocar. “But I am also listening to some private collectors who are asking maybe for a one-off or a limited edition, which will probably extend the lifespan a little more.”  Pagani remains ultra-exclusive even by the standards of Italian hypercar makers, producing around 40 cars a year. But the company is profitable and has always taken a long-term approach to planning, with Pagani saying that work is well advanced on the Huayra’s replacement – known internally as the C10 – ahead of a launch scheduled for 2022.  “This next model will have a similar philosophy. It will have a traditional combustion engine, a new-generation Mercedes-AMG V12 twin-turbo,” he said. “We have a very close relationship with Mercedes already and this new V12 engine will be homologated until 2026.”  Pagani is also working on an EV that will be developed from the same core architecture as the conventional hypercar. “The C10 will have a regular V12 but, at the same time, there will be a full-electric vehicle,” he said. “It is not going to be exactly the same platform. It will be modified.”  Horacio Pagani said the company’s changing customer base has been integral to the move to electrification, as well as environmental legislation. “At the beginning, our clients tended to be car collectors in Europe in their 50s or above,” he said. “Now the average age has dropped significantly and we have a lot of younger buyers in Asia Pacific and also in North America and Silicon Valley.”  Beyond 2025, Horacio Pagani said, the brand may do something radically different and he even admitted that plans for an SUV have been considered.  He said: “If I had to come up with a Pagani SUV, it would need to have a price tag of €3 million or above to be in line with our current strategy. We don’t know if there is any market for such a product, but there could not be any compromise. If there is a Pagani badge on a vehicle, it must be the highest quality. But it is something that has been discussed a number of times with collectors.  “We would access the technology of Mercedes-Benz because they produce SUVs, and because of the close relationship we enjoy, we could maybe use the big SUV platform. It’s something that has been in the back of my mind, but the journey from concept to reality for anything like that is a long
Origin: Pagani CEO: “We will build V12 hypercars until 2026”