Ferrari has announced electric vehicles but hasn't released a fully electric model yet

Ferrari, the Italian luxury sports car maker, has committed to building electric vehicles over the next decade, but as of now, no all-electric Ferrari exists for purchase. The company's first hybrid model, the SF90 Stradale, arrived in 2019 and combines a gasoline engine with electric motors. Ferrari's leadership has stated that a fully electric Ferrari will arrive, but the exact timeline and what that car will look like remain unclear.

If you're interested in Ferrari's direction or considering a luxury electric sports car, understanding what the company has actually announced—versus what remains speculation—helps you make sense of the news you see. This guide explains Ferrari's real electric plans, what hybrid models are available now, and how Ferrari's approach compares to other luxury car makers moving toward electric power.

Key Takeaways

  • Ferrari has not yet released a fully electric vehicle, though the company has committed to building one within the next several years.
  • The SF90 Stradale, available since 2019, is Ferrari's only hybrid model and combines a V12 engine with electric motors for added power.
  • Ferrari's CEO has stated that an all-electric Ferrari will prioritize performance and handling rather than copying designs from other brands.
  • Other luxury sports car makers like Porsche and Lamborghini have already released or announced their own electric models on different timelines.

Ferrari's hybrid model: the SF90 Stradale

The SF90 Stradale is Ferrari's only current option if you want electric power from the brand. It pairs a 4.0-liter twin-turbocharged V12 engine with three electric motors—one on each rear wheel and one integrated into the transmission. The electric motors add 161 horsepower to the engine's 661 horsepower, bringing total output to 986 horsepower.

The car can drive on electric power alone for short distances at low speeds, but it's designed primarily as a hybrid that uses electricity to boost acceleration and efficiency. The SF90 Stradale costs significantly more than most sports cars—pricing varies by market and configuration—and represents Ferrari's current answer to emissions regulations and customer interest in electrified performance.

What Ferrari has said about a fully electric model

Ferrari's CEO has confirmed publicly that an all-electric Ferrari is coming, but the company has not announced a specific release date or shown a prototype. In interviews, Ferrari leadership has emphasized that the electric car will maintain the brand's focus on driver engagement and performance rather than straightforward converting an existing design to battery power.

The company has also stated that it will not rush the development of an electric Ferrari just to meet a important date. This approach differs from some competitors who have announced specific years for electric model launches. Ferrari's strategy suggests the car may arrive sometime in the late 2020s or early 2030s, but this is not an official timeline from the company.

Why Ferrari is moving toward electric power

Ferrari, like all car makers, faces stricter emissions regulations in Europe, the United States, and other major markets. These regulations are pushing traditional automakers to reduce the carbon output of their fleets, which for luxury brands often means adding hybrid or electric options.

Beyond regulation, Ferrari also sees customer demand shifting. Wealthy buyers in major cities increasingly want low-emission vehicles, and some regions are moving toward bans on new gasoline-only cars. Electric power also offers performance advantages—electric motors deliver maximum torque when ready, which appeals to sports car buyers. The SF90 Stradale's hybrid setup demonstrates how Ferrari is using electricity to enhance rather than replace its traditional engine technology.

How Ferrari's timeline compares to other luxury brands

Porsche released the Taycan, a fully electric sports car, in 2019—the same year Ferrari introduced the SF90 hybrid. Lamborghini has announced plans for hybrid models and a fully electric vehicle, with timelines extending into the 2030s. Mercedes-AMG and BMW have both released electric performance vehicles aimed at the luxury market.

Ferrari's approach is notably slower than some competitors but reflects the brand's emphasis on ensuring that an electric Ferrari meets its performance standards. Porsche's Taycan, for example, was developed over several years before launch, and Ferrari appears to be taking a similar deliberate path rather than rushing a product to market.

What an electric Ferrari might cost and who it's for

Ferrari vehicles are among the most expensive cars in the world. The SF90 Stradale starts at a price point that puts it out of reach for most buyers, and a fully electric Ferrari will almost certainly be similarly expensive. The car will likely be marketed to collectors and enthusiasts who value the Ferrari name and performance heritage above affordability.

An electric Ferrari will probably not be a car designed to compete on price with other electric sports cars. Instead, it will occupy the same exclusive market segment as current Ferrari models—a status symbol and performance machine for a small number of very wealthy buyers. The focus on exclusivity and heritage means Ferrari can take its time developing the car without the pressure that mass-market automakers face.

What this means for someone interested in Ferrari today

If you want to buy a Ferrari with electric power right now, the SF90 Stradale is your only option. If you're waiting for a fully electric Ferrari, you should expect to wait several more years, and the car will likely be extremely expensive when it arrives.

For most people, the practical choice is to look at other brands' electric sports cars that are available now—Porsche's Taycan, Tesla's Roadster (expected in the coming years), or other luxury electric vehicles. These cars offer electric performance without the multi-year wait or the premium price tag that comes with the Ferrari name.

Frequently Asked Questions

When will Ferrari release a fully electric car?

Ferrari has not announced a specific date. The company has said an electric Ferrari is coming but has emphasized it will not rush development. Based on Ferrari's statements, the car likely won't arrive before the late 2020s, but this is not an official timeline.

Can I buy an electric Ferrari right now?

No. The SF90 Stradale is Ferrari's only electrified model, and it's a hybrid, not fully electric. It combines a V12 engine with electric motors and has been available since 2019.

How much will an electric Ferrari cost?

Ferrari has not announced pricing for an electric model. Based on current Ferrari prices, an all-electric Ferrari will almost certainly cost several hundred thousand dollars or more, making it accessible only to very wealthy buyers.

Why is Ferrari taking so long to build an electric car?

Ferrari wants to may support that an electric model meets the brand's performance and handling standards rather than straightforward converting an existing design. The company has stated it will not compromise on driver experience to meet a important date.

Is the SF90 Stradale a good alternative if I want a Ferrari with electric power?

The SF90 Stradale is Ferrari's only current option for electric power. It's a high-performance hybrid that costs significantly more than most sports cars. Whether it's right for you depends on your budget and whether you want a hybrid or are willing to wait for a fully electric model.