Ferrari’s (NYSE:RACE) New Gasoline-Electric Hybrid Model Can “Run Silently”

Ferrari’s (NYSE:RACE) New Gasoline-Electric Hybrid Model Can “Run Silently”

Ferrari’s (NYSE:RACE) New Gasoline-Electric Hybrid Model Can ‘Run Silently’

$RACE

Ferrari’s (NYSE:RACE) 1st-ever hybrid, the LaFerrari is an engineering marvel. And even though Ferrari does not allow the driver to run in all-electric driving mode, a few owners found a way to get around this factory lock out.

That will not be the case with the new hybrid model, as the Maranello outfit is developing the next-generation hybrid power-train, which will include the F154 V8 engine.

Before the video of the hybrid prototype surfaced on the Internet, Chairman/CEO Sergio Marchionne 65 anni, told the automotive press that the new Supercar would go on sale in Y 2019.

He also said: “When you drive the new Ferrari hybrid, well you can tell me how much you miss the V12.” 

Saying that “you could run silently.”

Regarding a full-electric vehicle (EV), Ferrari does not plan to launch such a model according to the Y’s 2018 to 2022 strategy plan.

Mr. Marchionne argues that an EV is not relevant to the automaker for the time being, but on the other hand, that means Ferrari will have to play catch-up to Porsche’s Mission E and subsequent models.

My sources says, that he hybrid engine will soon be an option on all new models, and from Y 2020 Ferrari will use it as the sole power train for its 1st FUV (Ferrari utility vehicle), Mr. Marchionne says will be the fastest SUV on the market.

Notably, the F16X FUV is Key for the iconic Italian automaker’s target of 10,000 annual sales. As it is now Ferrari operates with less-stringent fuel-economy rules from the EU and US because it produces less than 10,000 vehicles per year.

Symbol Last Trade Date Change Open High Low Volume
NYSE:RACE 123.01 25 April 2018 0.26 122.46 123.32 121.78 208,441
HeffX-LTN Analysis for RACE: Overall Short Intermediate Long
Neutral (0.11) Neutral (0.13) Bullish (0.27) Neutral (-0.07)

 

Stay tuned…

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