Ferrari announced it would continue to manufacture its vehicles with internal combustion engines heading into the late 2030s.
The announcement from perhaps the world’s most famous car manufacturer comes as governments all over the globe pressure companies to phase out internal combustion engines in favor of electric vehicles, according to a report.
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Yet it is “arrogant” to instruct consumers what they can and cannot purchase, Ferrari CEO Benedetto Vigna said.
An eight or 12-cylinder internal combustion engine has been a stalwart of the premium car brand, but Ferrari’s first-ever electric supercar is expected to premiere in 2025, the report noted.
The design for that car will offer a “unique driving experience,” according to the Italian car maker, but rival brand McLaren insists the weight of electric batteries makes the technology for electric supercars “not ready” for use, according to the report.
Despite the introduction of electric vehicles in 2030, Ferrari will continue to build on and develop internal combustion engines.
They are an “essential part of the company’s heritage,” the company said. “I don’t want to be arrogant and impose a choice on our client,” Vigna said. “It is the client who must choose if they want an ICE, a hybrid, or an electric car.”
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A loophole enacted by the European Union in March, which allows an exemption for a mandate that would see all new cars in the EU be zero-emission by 2035, allows Ferrari to pursue its current course.
“The reason we have three kinds of propulsion — ICE, hybrid, and electric — is that it allows us to cope with any regulation all over the world,” Vigna said.
