Ferrari's bold foray into the world of electric vehicles has hit a speed bump, with the Italian luxury carmaker's first-ever EV sparking intense debate among enthusiasts and investors alike. The ₹5.4 crore electric supercar, which marks a significant departure from Ferrari's traditional gas-guzzling formula, has seen the company's shares plummet by 8% as critics question the high price point and limited range of the vehicle. While some fans hail the move as a necessary step towards a more sustainable future, others are lamenting the loss of Ferrari's iconic V12 roar and the compromises made to achieve electric power. As the automotive world continues to shift gears, Ferrari's EV experiment is set to be closely watched by industry insiders and enthusiasts eager to see if the company can pull off a successful transition.
Ferrari’s First EV Faces Backlash: Shares Drop 8% as ₹5.4 Crore Electric Supercar Sparks Debate Among Enthusiasts EVTech.News