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Ferrari hybrids outsell petrol-only models for first time ever

Words: Harrison Wade | Photos: Ferrari

by Harrison Wade
November 9, 2023

Ferrari recently released its sales results for the third quarter of this year, revealing that the company has sold more hybrids than petrol-only models for the first time in its history.

The Italian carmaker outlined that it had delivered a total of 3459 cars to customers around the world in Q3 2023, with approximately 51 per cent of those being electrified.

Ferrari SF90 rear three quarter view

It says that the result was driven by strong demand for both the SF90 Stradale and Spider, as well as the 296 GTB and GTS, the brand’s only hybrid models currently on offer alongside the petrol-only Portofino, Purosangue, 812 Competition, and Roma.

However, Ferrari plans to ramp up production of the V12-powered Purosangue SUV and 812 supercar which means the hybrids’ reign may be short-lived.

Take the Purosangue for example, the brand’s first and only SUV, a model that has received stellar demand since its reveal late last year, with customers now experiencing wait times up to 2026.

Ferrari Purosangue SUV front three quarter view

But there will come a day when electrification takes over for good, with the brand promising that 40 per cent of its models will be fully electric by 2030. In saying that, the Italian carmaker still hasn’t released an EV yet but we can expect to see its first example around 2025.

For those of you who are only drawn to fossil fuel-powered prancing horses, we have good news as Ferrari has previously indicated that it won’t be giving up on internal combustion engines any time soon.

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