Ferrari has expressed its support for the plans of theEuropean Union to allow the sale of cars with internal combustion engine (ICE) that use fuel e-fuel beyond 2035. CEO Benedetto Vigna thinks the decision brings “more freedom” for engine development.
Ferrari celebrates opening the EU to combustion engines
Ferrari CEO Benedetto Vigna expressed his appreciation for the agreement reached by the European Union and Germany for exempt cars that use e-fuel from the planned phase-out of new combustion engine vehicles by 2035.
“The good news for us as a company (…) is that in addition to electric cars, we will also be able to move forward with our internal combustion engines,” Chief Executive Benedetto Vigna told a Reuters event.
According to Vigna, the decision is interesting as it allows ICEs to go beyond 2036, which is good news for the company.
However, Ferrari has that sold more than 13,200 cars in 2022stated that i all-electric and hybrid models will account for 80% of the range by 2030, while 20% will be powered by internal combustion engines.
Vigna also reassured investors that ipThe company’s investment plans will not change. Since Ferrari had already considered this scenario in its business plan. Ferrari is already producing plug-in hybrid cars and has promised its first all-electric vehicle by 2025.
The CEO said Ferrari’s next electric car will be “a one-of-a-kind car”, but did not release further details, arguing that “keeping the secret is part of the recipe”. Vigna also stated that fuels are a means of providing the performance expected from a Ferrari car and that theThe price of e-fuels will probably go down as they are developed over the next few years.