Ferrari’s First Electric Supercar Is Coming — And It’s More Expensive Than You’d Guess

Ferrari plans to flip the switch on its first fully electric supercar, and it will cost more than half a million dollars. That number alone demands attention, but the real story runs deeper than sticker shock.
When a company that built its identity on screaming V8s and V12s decides to go silent, the entire automotive world pauses. This moment marks more than a product launch; it signals a philosophical shift for one of the most tradition-bound brands on the planet.
A Historic Shift From Roaring Engines to Electric Precision
For decades, Ferrari built its mystique on combustion engines that sounded like mechanical symphonies. The wail of a naturally aspirated V12 never functioned as background noise; it defined the experience. Now, under the leadership of CEO Benedetto Vigna, Ferrari is preparing to introduce its first fully electric model, titled the Ferrari Luce.
Ferrari does not approach electrification as a reluctant participant dragged forward by regulation. The brand already introduced hybrid models such as the SF90 Stradale and the 296 GTB, which combine electric motors with turbocharged engines to deliver astonishing performance. Those cars proved that Ferrari can integrate electric power without sacrificing speed or emotion. The upcoming fully electric model represents the next logical step, not a desperate pivot.
The Price Tag That Redefines Expensive
Reports indicate that Ferrari’s first electric supercar will start at more than €500,000, which translates to well over $530,000 before taxes and customization. For context, that figure places the car above many of Ferrari’s current models and into ultra-exclusive territory. Ferrari does not chase volume; it protects scarcity. A high entry price supports that strategy and aligns with the brand’s long-standing approach of limiting supply to maintain demand.
Some may wonder why an electric Ferrari commands such a staggering sum when other luxury EVs cost far less. The answer lies in brand equity, engineering ambition, and the simple fact that Ferrari sells more than transportation. Ferrari sells heritage, performance credibility, and a carefully curated ownership experience. Buyers do not compare this car to a mass-market EV; they compare it to other Ferraris.
If you consider placing a deposit, prepare for additional costs beyond the base price. Ferrari customers often spend heavily on personalization. That customization can add six figures without much effort. Anyone interested should connect early with a dealer, as Ferrari traditionally allocates limited production slots to loyal clients first.
Performance Without the Roar
Ferrari executives have emphasized that performance will meet or exceed expectations associated with the badge. Electric motors deliver instant torque, and that characteristic suits supercar dynamics perfectly. Ferrari engineers understand throttle response better than almost anyone, and electric propulsion offers new ways to fine-tune that response.
The real challenge involves emotion. Ferrari cannot rely on engine noise to create drama, so it must design a different kind of sensory experience. Executives have acknowledged this reality and have hinted that the company explores ways to deliver emotional engagement even in an electric format. That does not mean artificial gimmicks; it means thoughtful engineering that preserves intensity.
Ferrari will likely prioritize performance over maximum range. Supercar owners rarely treat their vehicles as daily commuters. They value speed, handling, and exclusivity above cross-country practicality. Anyone considering this car should think carefully about charging infrastructure at home and at frequent destinations, especially if they plan to drive it regularly rather than store it as an investment piece.

Ferrari’s Broader Electric Strategy
Ferrari does not intend to abandon internal combustion overnight. The company plans a diversified lineup that includes traditional engines, hybrids, and fully electric models. Ferrari expects a significant portion of its sales to come from electrified vehicles, including hybrids and EVs. That balanced approach allows Ferrari to evolve without alienating long-time enthusiasts.
The broader luxury market already embraces high-performance EVs. However, Ferrari operates in its own stratosphere when it comes to brand prestige. The company must ensure that its first electric model reinforces, rather than dilutes, that reputation.
If you follow the supercar market, this launch deserves close attention. Even if you never plan to own a Ferrari, the technology and design philosophy introduced here will likely influence other high-end manufacturers. Ferrari often sets trends that ripple across the industry.
Who Will Actually Buy It?
At a price north of $500,000, this electric Ferrari will not target first-time luxury buyers. Ferrari typically prioritizes long-standing customers when allocating new, high-demand models. That practice rewards loyalty and strengthens the brand’s tight-knit community. Expect early examples to land in the garages of collectors who already own multiple Ferraris.
That said, the electric format could attract a new subset of ultra-wealthy buyers who value cutting-edge technology and environmental signaling. Some high-net-worth individuals want both performance and a forward-looking image. An electric Ferrari delivers both, at least on paper.
If you aspire to join that circle one day, pay attention to Ferrari’s ownership culture. The brand values long-term relationships, regular service through authorized dealers, and participation in official events.
The Emotional Gamble
Ferrari faces a delicate balancing act. The company must honor its past while embracing a future shaped by electrification and emissions regulations. Fans often treat Ferrari as a guardian of mechanical purity, and any deviation sparks debate. Yet history shows that Ferrari evolves when necessary. The introduction of turbocharging and hybrid systems once stirred controversy, but those technologies now sit at the heart of modern Ferraris.
This electric supercar represents the boldest evolution yet. Ferrari cannot simply build a fast EV; it must build a Ferrari that happens to run on electricity. That distinction matters. The steering feel, chassis balance, and design language must align with decades of brand DNA.
From a business perspective, Ferrari likely views this move as essential for long-term survival. Regulatory pressures in key markets continue to tighten, and luxury buyers increasingly expect sustainability credentials. Ferrari can either shape its electric future on its own terms or risk falling behind. The company has chosen to lead.
A New Chapter Written in Volts
Ferrari’s first fully electric supercar will arrive in 2026 with a price that exceeds half a million dollars, a production strategy rooted in exclusivity, and performance promises that aim to silence skeptics. The company has invested heavily in infrastructure, embraced hybrid technology as a stepping stone, and committed publicly to a diversified powertrain future. This car will not replace the roar of a V12 overnight, but it will redefine what a Ferrari can be.
If you love cars, watch this launch closely. It will influence not only Ferrari’s trajectory but also the broader definition of a supercar in the electric era. Whether you celebrate the change or question it, you cannot ignore it.
So here’s the real question: does an electric Ferrari excite you, or does the idea feel like a betrayal of everything the badge once stood for? Let’s talk cars in the comments below.
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