Ferrari’s first electric vehicle (EV), the four-door, four-seat Elettrica (codename), will be unlike any Ferrari before it. It is not a supercar in the traditional sense and, according to the company’s Chief Product Development Officer, Gianmaria Fulgenzi, it will be even more practical than the Purosangue SUV. “Yes, I can already tell you that it’s not…

Ferrari’s share price has slid sharply following today’s presentation and investor updates, with the share price down 15 per cent at the time of writing. The decline came despite the company lifting annual guidance and laying out ambitious long-term revenue and profit targets. Investors appeared to react to signals that Ferrari has pulled back expectations…

Ferrari has reaffirmed its financial strength ahead of the launch of its first electric vehicle, projecting record profitability and strong cash generation while keeping production volumes tightly controlled. At the company’s 2025 Ferrari Capital Markets Day, chief financial officer Antonio Picca Piccon confirmed that Ferrari had already exceeded the 2026 financial targets set at its previous Capital…

Ferrari CEO Benedetto Vigna has reaffirmed that electric vehicles (EVs) will not replace the company’s traditional combustion or hybrid models any time soon, describing Ferrari’s approach as one of “technology neutrality.” Speaking during a media Q&A session following the presentation of Ferrari’s first EV, codenamed the Elettrica, Mr Vigna said the company’s goal is not to…

Ferrari’s first fully electtric model, the Elettrica, utilises a structural battery pack, making the large-capacity 122kWh unit an integral part of the chassis rather than a separate component mounted beneath the floor. This approach aligns with Ferrari’s philosophy for electrification, which focuses on achieving optimal rigidity, weight distribution and driver control. In most electric…

Ferrari has outlined the full technical package for its first electric vehicle (EV), currently codenamed the Ferrari Elettrica, confirming a big 122kWh battery, an expected output exceeding 700kW, and a range of more than 530km. The car represents a major step for the Maranello brand, bringing full battery-electric propulsion into the Italian automaker’s lineup for…

Earlier this week it emerged that the Toyota RAV4 Hybrid AWD patrol cars employed by the Queensland Police Service (QPS) could overheat during extreme driving, and now new concerns have been raised about the vehicle’s limited weight-carrying capacity. An internal QPS vehicle weight guideline document, detailed by 7News Brisbane, reveals that a RAV4 Hybrid loaded with two…

GWM International president Parker Shi has gone wildly off script at an event in Melbourne, lauding US President Donald Trump and recalling how he told dealers not to call his cars ‘shit’. Speaking about the Chinese automaker’s strategy at its 2025 Tech Day – attended by dealers, media and other invited guests –…

Cupra’s top-selling model will be updated in Australia around March 2026, and the Spanish brand’s local product boss has confirmed initial lineup details including the engine variants we can expect. The 2026 Cupra Formentor range has been delayed several times for Australia, and will arrive at the end of the first quarter of next year,…

When was the last time you thought about Alfa Romeo? Unless you’re an owner, or a prospective buyer, it has probably been quite a while. And that’s a shame, because the historic Italian auto brand is steeped in heritage and boasts a colourful portfolio of gorgeous, iconic models and race cars, including but not limited…