Ferrari announced that it will continue to produce vehicles with internal combustion engines through the late 2030s.
According to a report, governments around the world are pressuring companies to abandon internal combustion engines in favor of electric vehicles, prompting arguably the world’s most renowned automaker to make this announcement.
However, Ferrari CEO Benedetto Vigna deemed it “arrogant” to dictate what consumers can and cannot purchase.
According to the report, Ferrari’s first electrified supercar is anticipated to debut in 2025. Historically, the luxury automaker has relied on an eight- or 12-cylinder internal combustion engine.
According to the Italian automaker, the vehicle’s design will provide a “unique driving experience.” However, rival automaker McLaren claims the weight of electric batteries renders the technology for electric supercars “not ready” for use.
Ferrari will develop internal combustion engines despite the 2030 adoption of electric automobiles.
They are a “essential part of the company’s heritage,” according to the company. Vigna stated, “I do not wish to be conceited and impose a decision on our client.” The client must choose between an internal combustion engine, a hybrid, and an electric vehicle.
Ferrari is able to continue on its present trajectory due to a loophole created by the European Union in March, which exempts it from a mandate that would require all new cars in the EU to be zero-emission by 2035.
“Having three types of propulsion — ICE, hybrid, and electric — enables us to comply with any regulation in the world,” Vigna explained.