Ferrari has announced plans to launch its first full battery-electric vehicle (BEV) in Italy later this year, slated to be one of six full electric models the company plans to unveil in the coming months.
In a statement on Tuesday, Ferrari CEO Benedetto Vigna said it would launch its first BEV at a capital markets day event on October 9, located at the automaker’s headquarters in Maranello (via Reuters). Although Benedetto did not disclose any further details on the electric Ferrari’s launch, he said that the company plans to go public with the highly-anticipated model “in a unique and innovative way.”
The launch is also aiming for the beginning of Q4, when Ferrari in the past has signaled that it would debut the BEV supercar. In addition, Ferrari has said that it is still aiming to achieve a 5 percent increase in revenues and core earnings in 2025, along with targeting profitability targets on its vehicles for 2026.
“On these solid foundations, we expect further robust growth in 2025,” Vigna said.
đ¨ This is a sneak peek at what will likely be Ferrariâs first EV, set to debut this October.
Ferrari said it will be launched in âa unique and innovative way.â
It is the first of six new models to be rolled out in 2025. pic.twitter.com/OIZC7ci5mk
— TESLARATI (@Teslarati) February 4, 2025
For those wondering thatâs just a test mule using a body of a Maserati Levante. It will not be a hatchback đ
— Nic Cruz Patane (@niccruzpatane) February 4, 2025
READ MORE ON FERRARI’S EV PROGRAM: Ferrari plans for stable EV transition: 40 percent of sales fully electric by 2030
Although Ferrari has been offering hybrid models of its luxury vehicles since 2019, the company has yet to unveil any BEVs, although the program to develop an electric lineup has also been underway for years. In 2024, about 51 percent of Ferrari’s sales were hybrid models, and the company also reached a 12 percent increase in its EBITDA.
The automaker also completed its BEV production facility last year, housed in the company’s historic Maranello plant where the BEV will be produced. In June, Ferrari said it was hoping to price the upcoming BEV around 500,000 euros (~$518,931), and Vigna has previously alluded to the fact that the automaker may attempt to make it run louder than most electric models.
“Electric cars are not silent,” Vigna said in a statement last March. “If you know the technology, you know you can do a lot of things also with electric cars.”
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Tesla Model S Plaid spotted being benchmarked at Ferrari’s Maranello factory
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Elon Musk
Elon Musk: Tesla Model Y is world’s best-selling car for 3rd year in a row
The Model Y has now established an impressive streak that would otherwise have been impossible before Tesla.Â
Elon Musk has announced that the Tesla Model Y has become the world’s best-selling car by volume for the third consecutive year, capping 2025 with another dominant performance.Â
The Model Y has now established an impressive streak that would otherwise have been impossible before Tesla.Â
Three years in a row
Musk posted on X: “Tesla Model Y is now officially the worldâs best-selling car for the third year in a row!” The CEOâs comment echoed an update that Tesla included in its 2025 recap, which highlighted, among other things, the Model Yâs incredible streak.Â
The Model Y has held the title since 2023, outperforming traditional leaders like the Toyota RAV4 and Corolla thanks to its bang-for-the-buck nature and its stellar combination of practicality, performance, and tech. The Model Y is also lauded as one of the safest vehicles on the road, making it an ideal choice for families in key markets such as China.
An impressive 2025
The Model Yâs sales feat in 2025 is especially impressive considering the introduction of the vehicleâs new variant. Teslaâs changeover to the new Model Y across its global factories resulted in sales being paused for some time in the first quarter. As per Teslaâs Q1 2025 vehicle delivery and production report, âthe changeover of Model Y lines across all four of our factories led to the loss of several weeks of production in Q1.âÂ
This suggests that the Model Yâs sales remained strong in 2025 to the point where it could still claim the title of the worldâs best-selling vehicle by volume, even with its sales being throttled during the first quarter of the year. It would then be interesting to see just how far the Model Y can go in 2026, especially considering the rollout of new variants like the six-seat extended wheelbase Model Y L, the affordable Model Y Standard, and the top-tier Model Y Performance.
News
Tesla shares epic 2025 recap video, confirms start of Cybercab production
The cinematic montage, posted by the official Tesla account on X, celebrated the company’s progress in EVs, energy, and Robotaxi development.
Tesla has released an epic year-in-review video for 2025, recapping some of its major achievements from refreshed models to autonomy breakthroughs and production ramps.
The cinematic montage, posted by the official Tesla account on X, celebrated the company’s progress in EVs, energy, and Robotaxi development while looking ahead to an even bigger 2026.
Teslaâs 2025 highlights recap
Tesla has had a busy 2025, as highlighted in the recap video. The video opened with Elon Musk explaining the companyâs pursuit of sustainable abundance. A number of milestones were then highlighted, such as the rollout of FSD v14, Optimusâ numerous demos, the opening of the Tesla Diner in Hollywood, LA, the completion of the worldâs first autonomous car delivery, and the launch of the Robotaxi network in Austin and the San Francisco Bay Area.
Tesla also highlighted several of its accomplishments over the year. As per the company, the Model Y was the yearâs best-selling vehicle globally again, and Teslas became more affordable than ever thanks to the Model 3 and Model Y Standard. Other key models were also rolled out, such as the refreshed Model S and X, as well as the new Model Y, the new Model Y Performance, and the six-seat, extended wheelbase Model Y L.Â
The Megablock was also unveiled during the year, and the Supercharger Network grew by 18%. Over 1 million Powerwalls were also installed during the year, and the Cybertruck became the first EV truck to get both an IIHS Top Safety Pick+ award and an NHTSA 5-Star safety rating.
Cybercab production confirmed
Interestingly enough, Tesla also confirmed in its 2025 recap video that the production of the Cybercab has started. This bodes well for the vehicle, as it could result in the vehicle really being mass-produced in the first half of 2026. Elon Musk confirmed during the 2025 Annual Shareholder Meeting that Cybercab production should earnestly start around April 2026.Â
Musk has also noted that the Cybercab will be Teslaâs highest-volume vehicle yet, with the company aiming for an annual production rate of about 2 million units. âIf youâve seen the design of the Cybercab line, it doesnât look like a normal car manufacturing line,â Musk said earlier this year. âIt looks like a really high-speed consumer electronics line. In fact, the line will move so fast that actually people canât even get close to it.â
News
Tesla Cybercab is changing the look of Austin’s roads, and it’s not even in production yet
Videos and photos showed the sleek, two-seat autonomous vehicles navigating traffic.
Even before entering production, Tesla’s Cybercab is already transforming the appearance of Austin’s streets, with multiple prototypes spotted testing in downtown areas recently.
Videos and photos showed the sleek, two-seat autonomous vehicles navigating traffic. Interestingly enough, the vehicles were equipped with temporary steering wheels and human safety drivers.
Recent Cybercab sightings
Over the weekend, enthusiasts captured footage of two Cybercabs driving together in central Austin, their futuristic silhouettes standing out amid regular traffic. While the vehicles featured temporary steering wheels and side mirrors for now, they retained their futuristic, production-intent exterior design.
Industry watcher Sawyer Merritt shared one of the vehiclesâ videos, noting the increasing frequency of the autonomous two-seaterâs sightings.
Previewing the autonomous future
Sightings of the Cybercab have been ramping in several key areas across the United States in recent weeks. Sightings include units at Apple’s Visitor Center in California, the Fremont factory test track, and in Austinâs streets.
The increased activity suggests that Tesla is in overdrive, validating the autonomous two-seater ahead of its planned volume production. Elon Musk confirmed at the 2025 Shareholder Meeting that manufacturing begins around April 2026 with ambitious targets, and during an All-Hands meeting earlier this year, Musk hinted that ultimately, Teslaâs factories should be able to produce one Cybercab every 10 seconds.Â