Ferrari set a new benchmark in 2024, delivering a total of 13,752 vehicles, marking a modest 0.7% increase from the previous year. Of these, more than half were hybrids, signaling a significant shift. Hybrid models made up 51% of the total sales, while the remaining 49% were powered by traditional gas engines, highlighting Ferrari’s balanced approach to performance and sustainability.
Historically, hybrid vehicles were seen primarily as a solution for lowering emissions and fuel costs, not necessarily something to pair with high-performance cars. However, in recent years, Ferrari has redefined the hybrid segment. Their hybrid powertrains now serve to enhance driving performance, merging electric efficiency with the raw power expected from the brand.
As hybrid technology becomes more accepted in the performance world, Ferrari is accelerating its plans to electrify. This fall, the company will launch its first fully electric vehicle, alongside the hybrid F80. With the LaFerrari and the F80 leading the charge, Ferrari continues to showcase electrification while upholding its legendary performance standards.
The F80 plug-in hybrid, combining a 3.0-liter twin-turbo V6 with three electric motors, produces an astounding 1,184 horsepower—the most powerful Ferrari road car ever. Alongside it, the discontinued SF90 and the 296 also feature hybrid powertrains, reflecting Ferrari’s commitment to blending electrification with extreme performance.
By 2030, Ferrari anticipates that hybrids and EVs will account for 80% of its sales, with gasoline-only models making up the rest. CEO Benedetto Vigna has also suggested that synthetic fuels could help extend the life of traditional engines in a future where emissions are tightly regulated, allowing Ferrari to maintain its iconic V8 and V12 engines.
Though Ferrari set a sales record in 2024, the modest 0.7% increase implies that the brand is nearing its production limit. Demand remains exceptionally high, with the order book already filled for the next two years, proving that Ferrari’s allure is as strong as ever, even in an era of electrification.
