(Ferrari) Ferrari N.V. says 60% of its product offerings will be hybrid and fully electric by 2026 while continuing with the evolution of the internal combustible engines.
While detailing its 2022-2026 strategic plan, Ferrari said that its hybrid powertrains will continue benefiting from the technological transfers of the company’s racing experience.
Ferrari eyes around 15 new launches between 2023 and 2026. The company says Icona and supercar models will comprise less than 5% of the total volumes during the plan period. Special series will account for 10%.
The company says it will unveil the Purosangue in September 2022. The company projects an average yearly contribution to shipments of below 20% over its lifecycle.
Ferrari confirmed that its highly awaited new Supercar will debut within the plan period, while the first fully electric Ferrari will be unveiled in 2025.
In line with the company’s growth, Ferrari said that its dividend payout will be hiked from 30% to 35% of adjusted net income from this year. Share repurchases were set at 2 billion euros from now to 2026.
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