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Monday, July 1, 2024

Ferrari stands by its electric future with solar-powered factory in Maranello

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‘The Prancing Horse’ has taken a significant step towards an electrified future by inaugurating a new solar-powered factory at its historic Maranello site. The facility, which will produce the company’s upcoming all-electric model, exemplifies Ferrari’s commitment to sustainable manufacturing.

The new factory, covering 42,500 square meters, is located just north of Ferrari’s current campus. Dubbed an “e-building,” the 25-meter-high rectangular structure will be partially powered by more than 3,000 solar panels installed on the roof, generating a peak capacity of 1.3 megawatts. The goal is for the building to be entirely powered by renewable energy sources, both internal and external, by the end of the year.

The new facility will manufacture not only Ferrari’s legendary combustion engine cars but also its hybrid models and the highly anticipated all-electric sports car, slated for launch in 2025. Ferrari Chairman John Elkann has already taken the electric prototype for a test drive, describing it as “incredible” and offering “exceptional” driving thrills and emotions.

“It’s going to look like nothing you’d expect it to look like,” Elkann teased, hinting at the design’s departure from traditional Ferrari aesthetics, enabled by the absence of a conventional engine.

The solar-powered factory will also house the production of high-voltage batteries, electric motors, and axles, allowing Ferrari to consolidate its manufacturing operations and adapt more efficiently to evolving production needs.

Ferrari aims for its full electric and hybrid models to account for 60% of production by 2026 and 80% by 2030, reflecting the brand’s accelerated shift towards electrification. The company launched its first hybrid model in 2013 and now has four hybrid offerings in its lineup.

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