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The First Electric Ferrari Set to Launch in 2026: What You Need to Know

Ferrari is ready to electrify its lineup with the release of its first-ever electric vehicle (EV) in 2026. Despite Ferrari’s dedication to preserving its combustion engine legacy, the Italian automaker is taking a bold step into the future by embracing the EV revolution while staying true to the performance and thrill that defines the brand. Here’s everything we know so far about this groundbreaking model.

What We Know So Far: Platform and Powertrain

Ferrari's first EV is set to debut in late 2025, with a full release expected in early 2026. While the vehicle remains unnamed, it’s clear that this electric Ferrari will be unlike anything on the market. Using the Maserati Levante body as a prototype, Ferrari is testing the size and performance of the car. The electric Ferrari is being developed entirely in-house, ensuring it maintains the brand’s signature driving experience and luxurious design.

The new factory, built specifically to produce this and future Ferrari electric cars, will also manufacture hybrids and combustion engines. Vertical integration is key for Ferrari, ensuring control over every part, from motors to inverters and battery systems. Notably, while Ferrari will buy battery cells from a supplier, they plan to increase the power density by 10% annually, offering state-of-the-art battery performance.

How Much Will the Electric Ferrari Cost?

While Ferrari has not confirmed the final price, early estimates suggest the electric Ferrari could start around $550,000, with the potential for the cost to rise based on personalization options. Ferrari's customizations can significantly increase the price, allowing buyers to tailor their electric supercar to individual preferences.

Ferrari's Commitment to Electrification

This isn’t Ferrari’s first foray into electric motor technology. The brand has been incorporating electric motors in Formula 1 since 2009, most notably with its Kinetic Energy Recovery System (KERS). Ferrari’s hybrid technology also saw success in racing, with their latest hybrid winning the 24 Hours of Le Mans for the second consecutive year.

Why This Matters

For Ferrari purists, the transition to electric is met with a mix of excitement and skepticism. Ferrari CEO Benedetto Vigna has assured fans that the electric Ferrari will still deliver the exhilarating driving experience Ferrari enthusiasts expect. It won’t be silent either—unlike some EVs that rely on artificial sounds, Ferrari's electric model will enhance its natural motor sounds, offering a unique auditory experience.

What About Ferrari’s Other Upcoming Models?

Aside from the electric Ferrari, the company continues to focus on its SF90 Stradale, a hybrid supercar already making waves. The Ferrari Purosangue, Ferrari's first SUV, will also continue to cater to the growing demand for luxury SUVs, combining practicality with Ferrari's high-performance pedigree. While SF90 prices start from $500,000 and the Purosangue SUV costs around $400,000, the electric Ferrari could become one of the most coveted models in Ferrari's history.

Release Date and Sales Forecast

Expect the electric Ferrari to hit the market in early 2026, with order books potentially opening in late 2025. Ferrari anticipates that 5% of their total sales in the first year will come from this electric model. By 2030, Ferrari predicts that 40% of its lineup will be fully electric, showcasing the brand's long-term commitment to EVs.

For now, Ferrari is tight-lipped about the exact sales volume, but it’s expected that this electric model will quickly become a favorite among collectors and enthusiasts alike.

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