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Ferrari plans electrical automotive to problem Tesla

Ferrari will make a battery-powered supercar to problem Tesla on the excessive finish of the electric-auto market, Chief Government Officer Sergio Marchionne mentioned Tuesday.

The race-car maker, spun off from Fiat Chrysler Vehicles, has been increasing its lineup to elevate gross sales with out shedding the exclusivity of a model related to Italian design and super-fast roadsters. Marchionne, who heads each corporations, additionally informed reporters on the Detroit auto present that Ferrari will introduce its first sport utility automobile, which shall be “the quickest available on the market” by late 2019 or 2020.

“If there’s an electrical supercar to be constructed, then Ferrari would be the first,” Marchionne mentioned.

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