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    Home / News / Business News / Ferrari unveils new factory for its first electric supercar production
    In brief
    Simplifying... Inbrief
    • Ferrari has unveiled a new factory, the size of six football fields, to produce its first electric supercar.
    • The facility, equipped with over 3,000 solar panels and ergonomic workstations, is designed to enhance efficiency rather than increase production volume.
    • Ferrari has also trained its workers in chemistry and battery-assembly skills for the new production lines.
    Was a long read? Making it simpler...
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    Ferrari unveils new factory for its first electric supercar production
    This new factory covers an area equivalent to 6 football grounds

    Ferrari unveils new factory for its first electric supercar production

    By Akash Pandey
    Jun 23, 2024
    03:32 pm
    What's the story

    Ferrari has unveiled its new factory in Maranello, Italy, designed to manufacture the company's first all-electric supercar. The facility, which has been under construction and hidden from public view for several years, is set to commence production of Ferrari's debut electric vehicle (EV) in late 2025. The €200 million (approximately ₹1,787 crore) factory will also produce hybrid models and combustion engine cars.

    Efficiency focus

    Aim to improve efficiency, not increase production

    The new factory is not intended to boost Ferrari's production volume but to enhance its efficiency. Benedetto Vigna, the company's CEO, stated during the unveiling that by consolidating all manufacturing processes under one roof, Ferrari aims to maintain the exclusivity of its cars while maximizing profit. In 2023, Ferrari shipped 13,663 vehicles, a small fraction compared to Porsche's sales of around 320,000 units.

    Facility details

    Factory features and worker training

    The new factory covers an area equivalent to six football fields and includes ergonomic workstations, relaxation areas, and a roof fitted with over 3,000 solar panels. Over the past two years, Ferrari has trained its workers for the new production lines, providing them with chemistry and battery-assembly skills. The main production space is predominantly white with hints of Ferrari's signature red on stairs and pylons.

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