Topic
ferrari
Manufacturing Ferrari's First Electric Car Luce Fetches Record $40m at Sotheby's Charity Auction
Ferrari's first all-electric production car, the Luce, sold for $40m at a Sotheby's charity auction in California, setting a record for a new car at auction. The car, designed by Sir Jony Ive, faced criticism after its May launch yet raised more than 35 times its usual price. All proceeds benefit the Ferrari Foundation's educational programmes.
Manufacturing Ferrari’s First EV, the Luce, Blends Italian Engineering With Apple-Inspired Design
Ferrari's first fully electric car, the Luce, engineered in Maranello and designed by Jony Ive's LoveFrom, has drawn mixed reactions from fans but offers a unique driving experience. CEO Benedetto Vigna, a physicist and former semiconductor executive, led the project. The car features a cab-forward layout, haptic-focused interior, and preproduction testing was completed in May.
Manufacturing XPeng Launches L03 Budget EV in 60 Countries, Aiming for Global Volume Sales
XPeng unveiled its first globally released electric vehicle, the L03, priced starting at €35,600. The budget model boasts a 320-mile WLTP range, 20-minute fast charging, and a suite of standard features. It will launch across 60 countries in Europe, Latin America, the Middle East, and Asia-Pacific, marking the Chinese automaker's mass-market push.
Manufacturing Ferrari Marketing Chief Quits Weeks After Electric Luce Launch Backlash
Enrico Galliera has stepped down as Ferrari's chief marketing and commercial officer after 16 years, just weeks after the unveiling of the company's first electric car, the Luce, triggered widespread backlash. He will be replaced by former BMW Italy head Massimiliano Di Silvestre in July.
Rivian's CEO on Tesla's Cybertruck, Ferrari's Luce, and What Happens If the R2 Fails
Rivian CEO RJ Scaringe, in a WIRED interview, discusses the critical importance of the R2 SUV for the company's survival, comments on Tesla's Cybertruck niche market, and reveals partnerships with Volkswagen ($5.8B) and Uber (up to 50,000 robotaxis). Rivian has sold 175,000 vehicles since 2021 versus Tesla's 8 million, and lost $3.6 billion in 2025.