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Ferrari Is Planning to Bring an Electric Supercar to Market
Fortune ^ | January 16, 2018 | KIRSTEN KOROSEC

Posted on 01/17/2018 12:01:11 PM PST by nickcarraway

Ferrari will make a battery-electric supercar to snatch some market share and attention away from Tesla, the dominant player in the luxury electric vehicle industry, CEO Sergio Marchionne told reporters at the North American International Auto Show in Detroit.

The Italian race car brand’s move towards electrification signals a shift not just for the company, but for Marchionne, who also heads Fiat Chrysler Automobiles (FCA). Marchionne also confirmed plans to bring a Ferrari SUV to market by late 2019 or 2020, Bloomberg reported. Reports of a Ferrari SUV first arose in August.

There are scant details on this impending electric Ferrari. The company will presumably want to produce an electric supercar before Tesla brings its new and improved Roadster to market in 2020.

More information on this electric Ferrari will likely come out when Marchionne unveils the company’s five-year plan, his last as CEO. Marchionne, one of the auto industry’s longest-serving CEOs, is set to retire in 2021. He’s held the top role since 2004.

The five-year plan is expected to set a higher annual deliveries target for Ferrari than its current self-imposed limit of 10,000 cars. Ferrari’s future will include hybrid cars, Marchionne told Bloomberg, “so going from there to an electric is easy.”

Marchionne’s comments—particularly those in an in-depth interview with Bloomberg ahead of the Detroit Auto Show—are in contrast with how FCA has operated in the past. The company has lagged behind other automakers scrambling to introduce electric vehicles and deploy commercial fleets of autonomous vehicles. FCA has focused more on its existing brands and partnerships, like its one with self-driving vehicle startup Waymo.

But Marchionne now believes that automakers have about 10 years to reinvent themselves to meet the changing consumer mindsets on how vehicles are purchased, driven, and powered. His impending five-year plan should address how FCA hopes to meet these new demands.


TOPICS: Business/Economy; Hobbies
KEYWORDS: automakers; ferrari
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1 posted on 01/17/2018 12:01:11 PM PST by nickcarraway
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To: nickcarraway

But will it have a nitrous booster?


2 posted on 01/17/2018 12:02:09 PM PST by Billyv ( Freedom isn't Free! Get off the sidelines!)
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To: nickcarraway

Same great idea like non-alcoholic beer.


3 posted on 01/17/2018 12:02:25 PM PST by beergarden
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To: nickcarraway

An electric supermarket?

I guess you rock down to electric avenue to get your groceries.


4 posted on 01/17/2018 12:03:23 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: nickcarraway

How fast is it when it’s plugged in?


5 posted on 01/17/2018 12:03:52 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: nickcarraway

OK... Now I’m interested.


6 posted on 01/17/2018 12:04:44 PM PST by D_Idaho ("For we wrestle not against flesh and blood...")
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To: Billyv

It is sort of like which would you rather have, a $10 digital watch, Or a $10,000 mechanical with all the gears showing? If you have that much money to burn.


7 posted on 01/17/2018 12:05:11 PM PST by DaxtonBrown
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To: nickcarraway
To be a Supercar, will have to do quite a bit...


8 posted on 01/17/2018 12:05:34 PM PST by C210N (It is easier to fool the people than convince them that they have been fooled)
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To: beergarden

No kidding. Will it do as well as the electric Harley?


9 posted on 01/17/2018 12:07:04 PM PST by rey
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To: nickcarraway

I wonder if they will work with YASA motors (duck duck go them ) and use 2 or 4 of their motors. 4 would be one for each wheel, 200hp / wheel, 42 or 48 lbs each. Batteries in the skateboard fashion below the floorboard for a low C.G. Ya, I can see this work, w/ solid state batteries coming.


10 posted on 01/17/2018 12:08:27 PM PST by taildragger ("Do you hear the people Singing? Singing the Song of Angry Men!")
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To: nickcarraway

Ferrari will have a tough time out-performing Tesla in this area. May do better with luxury features and user interface, but powertrain will be hard to beat.


11 posted on 01/17/2018 12:10:01 PM PST by ctdonath2 (It's not "white privilege", it's "Puritan work ethic". Behavior begets consequences.)
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To: nickcarraway

Battery powered Hot Wheels!


12 posted on 01/17/2018 12:11:24 PM PST by BBQToadRibs
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To: nickcarraway

Naysayers should understand that EVs are actually a real pleasure to drive. Extremely smooth, quiet, amazing acceleration. Yes, battery capacity & recharge time are issues, but those are improving well into the “doesn’t matter” realm, and almost never having to “fuel up” in normal use is a paradigm shift.


13 posted on 01/17/2018 12:13:54 PM PST by ctdonath2 (It's not "white privilege", it's "Puritan work ethic". Behavior begets consequences.)
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To: rey

Ha. It may be coming. As long as they wont sell an electric Corvette, Im all good.


14 posted on 01/17/2018 12:14:19 PM PST by beergarden
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To: nickcarraway; muleskinner; Fiddlstix; TexasTransplant; Squeako; dennisw; norwaypinesavage; ...

Electric Ferrari Ping!......................


15 posted on 01/17/2018 12:15:41 PM PST by Red Badger (Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
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To: nickcarraway

Enzo sta rotolando nella sua tomba!


16 posted on 01/17/2018 12:16:12 PM PST by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say)
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To: beergarden

https://www.freep.com/story/money/cars/general-motors/2018/01/14/converted-electric-corvette/1026956001/


17 posted on 01/17/2018 12:16:42 PM PST by Red Badger (Wanna surprise? Google your own name. Wanna have fun? Google your friends names......)
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To: ctdonath2
recharge time are issues, but those are improving well into the “doesn’t matter” realm

Oh yeah. Post some links that back that up.

18 posted on 01/17/2018 12:17:44 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: ctdonath2

“Naysayers should understand that EVs are actually a real pleasure to drive.”

They will never sound like a V12.


19 posted on 01/17/2018 12:26:28 PM PST by alternatives? (Why have an army if there are no borders?)
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To: nickcarraway

This is a mistake. It can only boost Tesla’s stature and diminish Ferrari’s,


20 posted on 01/17/2018 12:26:40 PM PST by clintonh8r (I've been banned from TheHill.com. #Proud)
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