Ferrari to make 80% hybrid and full-electric range by 2030

Category: Technology/Innovations


Unlocking Word Meanings

Read the following words/expressions found in today’s article.

  1. outline / ˈaʊtˌlaɪn / (v.) – to explain the main points of something

    I had limited time for my presentation, so I just outlined my project proposal.

  2. range / reɪndʒ / (n.) – a group of related or similar products being sold by a company

    The company’s smartphone range is the most advanced in the market.

  3. thoroughbred / ˈθɜr oʊˌbrɛd / (n.) – an animal whose parents are from the same breed and is considered high quality

    Among horse racing fans, thoroughbreds are known for their speed and stamina.

  4. cycle / ˈsaɪ kəl / (n.) – a collection or series of things produced at a specific time

    These are limited-edition shoes that will no longer be manufactured next cycle.

  5. supercar / ˈsu pərkahr / (n.) – an expensive and very fast or powerful car

    Only the wealthy can afford to buy rare supercars.


Read the text below.

Italian luxury sports car maker Ferrari outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2030.

CEO Benedetto Vigna confirmed that the first electric car will be presented in 2025, with the first deliveries the following year.

Now, just four Ferrari models, or 20% of the range, are hybrid cars. Its first hybrid model was the limited-edition La Ferrari launched in 2013, capitalizing on Formula 1 technology.

Vigna, a former technology entrepreneur who joined Ferrari as CEO nine months ago, said the electrification strategy is “highly relevant.”

“Not only it is required by emissions regulations, but most importantly, we believe we can use the electric engine to enhance the performance of our cars, as we did already with our hybrid Ferrari,’’ he said at an analyst presentation.

As Ferrari expands its model range, the car company based in the northern Italian city of Maranello said it would unveil the long-awaited Purosangue utility vehicle in September. Bearing the Italian name for thoroughbred, the Purosangue will represent no more than 20% of vehicles produced during its cycle.

In all, Ferrari plans to launch 15 new models from 2023 to 2026, including a new high-performance supercar.

This article was provided by The Associated Press.

Viewpoint Discussion

Enjoy a discussion with your tutor.

Discussion A

  • Do you think all car companies should move toward making electric/hybrid cars? Why or why not? Discuss.
  • What do you think your government should do to reduce car pollution (ex. replace gas-powered cars, have strict emission laws)? Discuss.

Discussion B

  • What characteristics would you look for if you were to buy a car (ex. comfortable, eco-friendly)? Why? Discuss.
  • Why do you think other people like luxury cars? Do you think buying luxury cars is a good investment? Why or why not? Discuss.