MARANELLO, Italy -- Ferrari told investors that full-electric and hybrid models will make up 80 percent of sales by 2030, and vowed to produce "even more unique" cars as it makes the expensive shift to zero-emission models.
MARANELLO, Italy -- Ferrari told investors that full-electric and hybrid models will make up 80 percent of sales by 2030, and vowed to produce "even more unique" cars as it makes the expensive shift to zero-emission models.
The once-dominant Japanese carmaker is restructuring to address a slump in global sales and profitability in the face of rising competition from China’s fast-growing electric vehicle sector.