Ferrari (NYSE:RACE), “A Hybrid V8 is Coming For 2019”
Emissions laws require the hybrid engines are the wave of the future, even for Ferrari (NYSE:RACE)
Hybrid engines can deliver massive amounts of horsepower and performance while also complying with emissions standards, something that Ferrari knows a whole lot about
The being the case it looks like a Ferrari hybrid V8 is in the near future.
Speaking with press recently, the Italian outfits boss, Sergio Marchionne, gave some hints about what could be the 1st hybrid production-ready Ferrari since the LaFerrari.
From the story:
“A Ferrari V8 hybrid is coming for Y 2019. The test mules are around now,” Mr. Marchionne confirmed.
Mr. Marchionne claims that the new powertrain “needs to become more of a traditional hybrid than the LaFerrari to fulfill a different role.”
“We will embrace electrification. It will become a mainstay in our portfolio,” Marchionne went on to say. Despite this, he also confirmed that more Ferraris powered solely by internal combustion engines will be launched in the coming year.
|NYSE:RACE||124.32||12 March 2018||-0.39||124.6||124.92||124.09||414,200|
|HeffX-LTN Analysis for RACE:||Overall||Short||Intermediate||Long|
|Neutral (0.15)||Neutral (-0.10)||Bullish (0.44)||Neutral (0.11)|