TechCrunch·

🚗Ferrari's $650K Luce EV Launches Amidst High Demand

Ferrari's pricey new electric car is already in high demand

TL;DR

Ferrari launches its first all-electric vehicle, the Luce, priced at nearly $650,000. Despite the hefty price tag, CEO Benedetto Vigna says demand is strong, with over 80% of last year's buyers already owning a Ferrari.

Ferrari has unveiled its first all-electric vehicle, the Luce, priced at close to $650,000. The high price point hasn't deterred potential customers; CEO Benedetto Vigna reports strong demand. Over 80% of last year's buyers already own a Ferrari, indicating a loyal customer base willing to invest in luxury electric vehicles. This launch marks a significant shift for the brand as it joins the growing EV market while maintaining its premium status.

Ferrari's $650K Luce EV Launches Amidst High Demand — TechCrunch

Key Points

1

The Ferrari Luce, priced at nearly $650,000, marks the brand's first electric vehicle launch.

2

Over 80% of last year’s Ferrari buyers already own one of its vehicles, showing loyalty to the brand.

3

Ferrari CEO Benedetto Vigna says demand for the Luce EV is high despite its steep price tag.

4

Texas has passed a new law giving more control over autonomous vehicle testing and deployment to the DMV.

5

Waymo leads in AVs with 577 registered vehicles, followed by Avride (317), Nuro (47), and Tesla (42).

Why It Matters

The launch of Ferrari's Luce EV at $650K signals a shift towards luxury electric vehicles. With over 80% of last year’s buyers already owning a Ferrari, this new model caters to an established customer base willing to invest in premium technology.

FerrariLuce EVluxury carsEV marketautonomous vehicles

Frequently Asked Questions

Why does this matter?

The launch of Ferrari's Luce EV at $650K signals a shift towards luxury electric vehicles. With over 80% of last year’s buyers already owning a Ferrari, this new model caters to an established customer base willing to invest in premium technology.

What happened?

Ferrari launches its first all-electric vehicle, the Luce, priced at nearly $650,000. Despite the hefty price tag, CEO Benedetto Vigna says demand is strong, with over 80% of last year's buyers already owning a Ferrari.

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