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CEO says Ferrari is pretty good at making cars, and will build exciting EVs

CEO says Ferrari is pretty good at making cars, and will build exciting EVs

Recently-appointed Ferrari CEO Benedetto Vigna thinks the automaker has a “deep understanding” of vehicle dynamics and will be able to make an exciting EV despite the added weight of batteries.

“In terms of driving, in terms of … vehicle dynamics, we can handle this extra weight,” Vigna . said CNBC in an interview. “It’s true, we have a few hundred pounds more than a regular ICE car for the same kind of horsepower, but what really… [a] in-depth understanding of vehicle dynamics.”

Vigna joined Ferrari after leaving a European technology company and was given the task of ushering the automaker into a new era of electric. Drawing on that experience, the CEO explained that the Italian supercar manufacturer is already making exciting vehicles despite the limitations of current production.

“Consider today that many cars have access to more or less the same electronic chips,” Vigna said. “But we at Ferrari… the Ferrari engineers are able to deliver something unique, distinctive.”

Also read: Ferrari takes very cautious steps towards an electrified future

Despite his optimism, Vigna still had a bright outlook on the future, admitting that the transition to electric power will be “challenging.” However, he argued that it will also be an opportunity to make something new and exciting and distinctly Ferrari, despite there being no V12.

The carmaker already produces two plug-in hybrid vehicles, including the 296 GTB and the SF90 Stradale, and plans to unveil its first all-electric vehicle in 2025. By 2026, he wants 55 percent of his range to be hybrid, and five percent to be all-electric, and just 40 percent to be internal combustion.

Electrification will only accelerate from there. The automaker expects internal combustion engine vehicles to make up just 20 percent of its range by 2030. Full electric and plug-in hybrid vehicles will each make up 40 percent at that same point.

To ensure that those EVs are good enough to wear the Ferrari decal and that their driving dynamics are as excellent as possible, the company will make their batteries in Maranello, Italy.

“The handmade battery modules will be integrated into the chassis of cars in a process aimed at reducing the weight of the vehicle,” Ferrari said earlier.