Ferrari CEO shrugs off concerns about EV performance

A Ferrari photographed in Switzerland on March 2, 2015. The Italian organization designs to start a totally electric powered auto in 2025.

Harold Cunningham | Getty Pictures Information | Getty Visuals

The CEO of Ferrari on Tuesday moved to allay fears the firm’s future electric providing will compromise on effectiveness, telling CNBC the luxurious carmaker had a “deep understanding” of car or truck dynamics.

In an interview with CNBC’s Joumanna Bercetche, Benedetto Vigna was questioned about the excess weight of batteries utilised in an EV, and if an electric product would be in a position to protect the feel, electricity and aerodynamics of a Ferrari.

“In terms of push, in phrases of … car or truck dynamics, we can take care of this more weight,” he stated.

“It’s accurate, we have a couple 100 kilos additional than a regular ICE auto for the same sort of horsepower, but what definitely … reassures me is the reality that we have [a] deep comprehension of the car dynamics.”

“Think about these days, a whole lot of automobiles have, extra or fewer, access to the same digital chips,” Vigna said.

“But we in Ferrari … the engineers in Ferrari, are capable to supply a thing that is one of a kind, that is distinct.”

“So it really is a problem,” he went on to state, “but we see it as an option … to proceed to make anything one of a kind.”

Go through a lot more about electric autos from CNBC Professional

Ferrari plans to launch a thoroughly electric powered car in 2025, though internal combustion engines are even now set to play a major part in its foreseeable future.

The business has mentioned ICEs will have a 40% share in its “item offering” by the year 2026, with hybrid and totally electric automobiles producing up 60%. By 2030, it wishes ICEs to make up 20% of its presenting, with hybrid and thoroughly electric cars each individual possessing a 40% share.

On its programs for EVs, Ferrari claims its battery cells are to be assembled in Maranello, Italy. “The handcrafted battery modules will be built-in into the chassis of automobiles in a method concentrated on reducing the bodyweight of the auto,” it claims.

Other luxurious carmakers, these as Volkswagen-owned Bentley Motors and BMW’s Rolls-Royce Motor Autos, are also building electrification approaches.

All of the previously mentioned arrives at a time when major European economies are laying out options to go absent from street-dependent motor vehicles that use diesel and gasoline.

The U.K. desires to halt the sale of new diesel and gasoline autos and vans by 2030, for illustration. It will require, from 2035, all new cars and vans to have zero-tailpipe emissions.

The European Union — which the U.K. left on Jan. 31, 2020 — is pursuing identical targets.