AGL 38.48 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 203.02 Decreased By ▼ -4.75 (-2.29%)
BOP 10.17 Increased By ▲ 0.11 (1.09%)
CNERGY 6.54 Decreased By ▼ -0.54 (-7.63%)
DCL 9.58 Decreased By ▼ -0.41 (-4.1%)
DFML 40.02 Decreased By ▼ -1.12 (-2.72%)
DGKC 98.08 Decreased By ▼ -5.38 (-5.2%)
FCCL 34.96 Decreased By ▼ -1.39 (-3.82%)
FFBL 86.43 Decreased By ▼ -5.16 (-5.63%)
FFL 13.90 Decreased By ▼ -0.70 (-4.79%)
HUBC 131.57 Decreased By ▼ -7.86 (-5.64%)
HUMNL 14.02 Decreased By ▼ -0.08 (-0.57%)
KEL 5.61 Decreased By ▼ -0.36 (-6.03%)
KOSM 7.27 Decreased By ▼ -0.59 (-7.51%)
MLCF 45.59 Decreased By ▼ -1.69 (-3.57%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 220.76 Decreased By ▼ -1.90 (-0.85%)
PAEL 38.48 Increased By ▲ 0.37 (0.97%)
PIBTL 8.91 Decreased By ▼ -0.36 (-3.88%)
PPL 197.88 Decreased By ▼ -7.97 (-3.87%)
PRL 39.03 Decreased By ▼ -0.82 (-2.06%)
PTC 25.47 Decreased By ▼ -1.15 (-4.32%)
SEARL 103.05 Decreased By ▼ -7.19 (-6.52%)
TELE 9.02 Decreased By ▼ -0.21 (-2.28%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.75 Decreased By ▼ -0.02 (-0.15%)
TREET 25.12 Decreased By ▼ -1.33 (-5.03%)
TRG 58.04 Decreased By ▼ -2.50 (-4.13%)
UNITY 33.67 Decreased By ▼ -0.47 (-1.38%)
WTL 1.71 Decreased By ▼ -0.17 (-9.04%)
BR100 11,890 Decreased By -408.8 (-3.32%)
BR30 37,357 Decreased By -1520.9 (-3.91%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)
Business & Finance

Ferrari unveils hybrid V6 sports car to expand electric offer

  • New 296 GTB comes after 2019's SF 90 Stradale, Ferrari's first hybrid car in series-production, and 2020's SF90 Spider
  • Italian company has promised its first full electric model in 2025
Published June 24, 2021

MILAN: Ferrari unveiled a new plug-in hybrid car on Thursday to increase its offer of cleaner vehicles and meet changing tastes in the exclusive market for high-performance sports cars.

The new 296 GTB comes after 2019's SF 90 Stradale, Ferrari's first hybrid car in series-production, and 2020's SF90 Spider. The Italian company known for its prancing horse logo and red racing cars has promised its first full electric model in 2025.

Ferrari and rivals also associated with powerful engines are wrestling with how to shift their line-ups to battery propulsion without losing the extreme performance that supports their premium pricing.

Porsche, part of the Volkswagen group, already offers a full-electric vehicle with its Taycan model, but Ferrari is ahead of its arch-rival Lamborghini, also part of Volkswagen, whose first full-electric sports car will not appear until the second half of this decade.

To drive Ferrari into the new era of electrification, the company earlier this month picked technology industry veteran Benedetto Vigna, a physics graduate who has spent the last 26 years at chipmaker STMicroelectronics, as its new chief executive.

The new 296 GTB sports car will be fitted with a 6-cylinder (V6) mid-rear turbo engine, the first for a Ferrari road car, although such engines have roots dating back to the 1950s in Ferrari racing cars.

Ferrari road cars are normally powered by V8 or more powerful - but also more polluting - V12 engines.

Honda aiming for 100pc electric vehicles by 2040

Still, the V6 engine, coupled with a 122 KW electric motor, can produce a massive 830 horse power for the new two-seater.

The 296 GTB is the third of three cars Ferrari has promised for this year.

It comes after the 812 Competizione and 812 Cometizione A, the two limited edition V12 models it presented in April, keeping it apace with its ambitious plan to roll out 15 new models between 2018 and 2022, including its first ever SUV, called Purosangue (Thoroughbred), expected next year.

Comments

Comments are closed.