Ferrari To Expand Production Facilities For EV, Hybrid Models: Report

It could also include a new battery R&D center.

Ferrari’s push toward electrification has been much more restrained than other automakers, but that’s about to change if this new report is correct. The Italian automaker is allegedly preparing to announce that it will significantly expand its production facilities in Maranello. Ferrari plans to dedicate this third assembly line to hybrid and electric vehicle production, and it’ll announce its plans on June 16, capital markets day.

The report comes from Bloomberg, syndicated through Automotive News Europe, and it cites its source on Ferrari’s plans to “people familiar with the matter.” The report also notes that Ferrari’s expansion could include facilities for a new battery R&D Center.

Source: Automotive News Europe

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