June 19, 2024 12:50 PM

Ferrari’s first electric car will cost at least $535,000 (Rs 4.46 crore)

Ferrari's first electric car will cost at least $535,000 (Rs 4.46 crore), as reported by Reuters citing sources. The luxury automaker is gearing up to open a plant that will manufacture the model, which could boost group production by up to a third. The Italian brand, famed for its roaring petrol engines, has said it will launch an electric car late next year, and the planned price shows its confidence that ultra-wealthy drivers are ready for it, even as mass-market rivals are slashing electric...