Ferrari says electric cars will make up around 20% of its sales in 2030, downgrading a previous ambition to achieve a 40% EV mix by then, and it will continue to offer its V6, V8 and V12 engines well into the future.
The Italian supercar firm has today revealed the technical details of its debut EV - a 1000bhp, quad-motor four-seater with a 122kWh battery and a 329-mile range, which will be launched next year.
The company also outlined its financial forecasts through to 2030, with a "conservative" profit outlook falling below analysts' expectations and sending the company's share price tumbling by 16% - its worst day on the stock market since listing in 2015.
