In what appears to be a 180-degree change of position, sports car maker Ferrari has announced that it plans to release its first fully electric vehicle in 2025. This is much earlier than its previous statements on the matter had indicated.
During the Italian company’s annual meeting held last week, Ferrari chair John Elkann announced that the company would unveil its first EV mid this decade. Elkann’s announcement was despite the fact that, less than six months earlier, Louis Camilleri, who was then CEO of Ferrari, had emphatically…
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