Sergio Marchionne: Ferrari is testing new gasoline-battery hybrid at its Italy track
During the course of a recent interaction with Bloomberg Television, Sergio Marchionne -- the Chief Executive of Ferrari and Fiat Chrysler -- revealed that a new gasoline-battery hybrid is being tested by Ferrari at its track near Maranello, Italy. The announcement underscores that fact that, after being sceptical about electric cars for years, Ferrari is rethinking its potential prospects in the rapidly emerging market.
The disclosure by Marchionne that Ferrari is testing an electric supercar is highly noteworthy because, in the past several years, the top executive at the automaker has sometimes sounded disdainful while referring to electric cars in his comments. Electric car market has witnessed lot of interest from major automobile companies.
In Europe, automobile companies are rethinking their strategy as many governments have planned to phase out diesel vehicles in near future. German politicians have recently raised the issue of electric vehicles and urged German automobile companies to consider serious investment in EV segment. While the European companies are still lagging behind in EV segment, the latest trends suggest that they are trying to catch up.
At a January 2018 press conference, Marchionne had said electric vehicles (EVs) are not worth the automakers’ investment. Before that, in October 2017, he had said that the analysis that the use of EVs will apparently help save the planet is “nonsense,” and had further elaborated that electricity for powering EV batteries comes from polluting sources.
However, hinting at Ferrari’s recent turnaround on its EV stance, Marchionne told Bloomberg Television that the EVs which Ferrari is working on will exhibit “the full power of electrification.”
Marchionne further added that hybrid technology will be available from Ferrari in 2019, when it will power the first-ever SUV from the company. He also asserted that the SUV from Ferrari will be the fastest SUV on the market.
German automaker BMW has recently revealed that the total number of company’s i3 electric cars sold in the UK has touched ‘10,000 units’ milestone.
According to an Automotive News report, German automaker BMW plans to discontinue its i3 all-electric compact car and i8 plug-in hybrid sports car ahead of introducing its next-generation electric vehicles (EVs).
According to a Reuters report, Germany’s new Finance Minister Olaf Scholz said in a recent interview with the Funke Mediengruppe newspaper chain that all possible measures should be taken by the country to avoid the imposition of ban on diesel car
According to a recently published Reuters report, German automaker BMW -- which sold more than 100,000 battery-electric and plug-in hybrid cars in 2017 -- does not plan to commence mass production of electric cars before 2020.
Electric vehicle manufacturer Tesla Motors has issued a voluntary recall of 123,000 units of its Model S electric cars, owing to a defect in a power steering bolt.
German automaker BMW has recently announced that it will be presenting a series of new all-electric vehicles this year. The announcement was made by BMW’s CEO Harald Krüger at the company’s recently-held Annual Accounts Press Conference 2018.