Why is Ferrari (RACE) still relying on its EV, even as Lamborghini backs off?

1 day ago 1

Fatima Gulzar

Fri, March 20, 2026 astatine 12:16 PM CDT 2 min read

Ferrari N.V. (NYSE:RACE) is 1 of the 10 Best Auto Manufacturer Stocks to Buy According to Analysts. CNBC reported connected March 4, 2026, that Ferrari N.V. (NYSE:RACE) is moving guardant with its archetypal electrical vehicle, a exemplary named the Luce, which volition beryllium disposable for bid successful outpouring 2026. At its October 2025 superior markets day, the corp reduced its EV income extremity to 20% of wide sales, down from its erstwhile plan. The steadfast maintains its accumulation of interior combustion vehicles, including 12-cylinder engines. The institution sells astir 14,000 vehicles per year, with prices ranging from the debased hundreds of thousands to respective cardinal dollars. RBC Capital expert Tom Narayan believes the corp hedges its risks by moving towards EVs portion keeping its halfway interior combustion portfolio to fulfill accepted customers.

As of March 2026, Lamborghini is putting a halt to axenic EV development, noting precise small request successful the luxury supercar segment. The marque volition proceed to merchantability hybrid variants of the Urus SUV and the planned Lanzador model. Executives assertion that battery-electric vehicles deficiency the “emotional connection” of gas-powered supercars. RBC Capital expert Tom Narayan besides notes that Ferrari N.V. (NYSE:RACE)’s autarkic presumption allows for broader marketplace approaches, whereas Lamborghini, which is portion of the Volkswagen Group, tailors its offerings wrong a larger firm framework.

Why is Ferrari (RACE) inactive relying connected its EV, adjacent arsenic Lamborghini backs off?

Ferrari N.V. (NYSE:RACE) is simply a holding institution that designs, engineers, produces, and sells luxury sports cars. The company’s vehicles see the F12 Berlinetta, 488GTB, 488 Spider, 458 Speciale, California T, LaFerrari Hybrid, LaFerrari, and FF four-wheel drive.

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