Ferrari Updates 2030 Targets and EV Strategy at Capital Markets Day, Unveils Elettrica Technology

RACE
November 01, 2025

Ferrari N.V. held its Capital Markets Day, where it raised its annual guidance for 2025, now expecting net revenue of at least €7.1 billion, an increase from its previous forecast of more than €7 billion. However, the company's long-term targets for 2030 disappointed investors.

The company set a 2030 revenue target of approximately €9 billion and an EBITDA target of at least €3.6 billion. A significant revision was made to its 2030 sports car model lineup, which will now comprise 40% internal combustion engine (ICE) cars, 40% hybrid, and 20% fully electric vehicles, a reduction from its prior goal of 40% EV sales.

Ferrari also unveiled the production-ready chassis and powertrain of its first all-electric vehicle, the 'elettrica,' confirming deliveries will commence in late 2026. The company plans to launch an average of four new cars per year between 2026 and 2030, indicating a steady pipeline of new models across its diversified powertrain strategy.

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