Ferrari's first electric car is a hatchback? Launch date for groundbreaking EV confirmed but will it beat Aston Martin, McLaren and Lamborghini to the punch?

Ferrari will launch its first-ever electric car in October, CEO Benedetto Vigna has confirmed.

The announcement was made at Ferrari’s Q4 and full-year financial results conference, where Vigna refused to give any details of the combustion-free model aside from stating that it would be launched in a “unique and innovative” way.

Five more models will launch alongside it next year, one of which will include the 12Cilindri Spider as well as a Roma replacement, which went out of production last year.

Prototypes of the electric supercar have been previously spotted testing in Ferrari’s hometown of Maranello, Italy, giving some details of what to expect in terms of design.

Surprisingly, the four-door model appears to be an oversized hatchback more than anything, with its fake exhausts undermined by high-voltage stickers indicating that it is, in fact, electric.

Vigna has previously confirmed that the electric model will stay true to Ferrari’s core principle of driver engagement, with the EV set to deliver “authentic noise”, suggesting a program similar to Hyundai’s Active Sound+ that synthesises fake engine noises on the Ioniq 5 N is on the cards.

A previous report by Reuters speculated its price tag could be as high as €500,000 ($829,580), although this hasn’t been confirmed directly by Ferrari.

The move comes as Ferrari announced that hybrid models, such as the plug-in hybrid GTS 296, GTB 296 and SF90 Stradale, made up 51 per cent of its sales last year.

Despite rivals such as Aston Martin delaying their electrification plans, Ferrari remains committed to having hybrids and EVs consisting of 80 per cent of its line-up by 2030.

It will still produce combustion-engine models beyond then, with the brand’s CEO previously stating he believes synthetic e-fuels are the “way forward” for the brand.

Ferrari’s revenue rose 11.8 per cent in 2024 compared to the year prior, with deliveries up marginally by 0.7 per cent to 13,752 in total.

Vigna expects “robust growth” in 2025, bucking the trend of a tough economic outlook that many mainstream car brands are facing.