Ferrari Bets on Alternative Fuels and Delays Full Shift to Electric Cars

Ferrari is preparing for a future where internal combustion engines may still have a place — as long as they evolve. The Italian automaker has announced plans to invest heavily in developing engines that comply with upcoming emissions standards while being compatible with alternative fuels, including nitrogen-based mixtures. The company expects these technologies to become increasingly relevant worldwide.

According to Ferrari, its roadmap includes launching four new models every year through the end of the decade (photo: Ferrari). The biggest announcement, however, is that Ferrari’s first all-electric car, the Elettrica, will debut next year. Engineers promise that, despite the switch to electric power, the car will retain the signature Ferrari driving experience that defines the brand.

Ferrari CEO Benedetto Vigna emphasized that as an industry leader, Ferrari has a responsibility to demonstrate that cutting-edge technologies can still deliver a pure and emotional driving experience.

However, the company’s electrification strategy has shifted. By 2030, only 20% of Ferrari’s lineup will be fully electric, compared to the 40% previously projected. Another 40% will consist of hybrids, while the remaining 40% will continue to use traditional gasoline engines. The change reflects, in part, sluggish demand for electric vehicles — Ferrari’s second fully electric model isn’t expected until 2028.

When asked about future EV plans, Vigna declined to share details, noting only that electrification remains a new and evolving journey for Ferrari — one the company intends to pursue on its own terms.