Ferrari unveils its first fully electric vehicle – and slashes its 2030 EV sales target
1. Ferrari scaled back electrification ambitions, targeting mixed powertrain strategy for 2030. 2. Company plans for 40% ICE, 40% hybrid, and 20% EV models by 2030. 3. Ferrari's shares dropped 13%, reflecting investor reaction to revised EV targets. 4. Analysts remain bullish, citing strong demand and effective leadership from CEO Vigna. 5. Ferrari aims to launch four new cars annually from 2026 to 2030.