{"id":793658,"date":"2026-07-30T16:26:11","date_gmt":"2026-07-30T16:26:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/793658\/"},"modified":"2026-07-30T16:26:11","modified_gmt":"2026-07-30T16:26:11","slug":"ferrari-ceo-would-not-change-anything-about-polarizing-luce-ev-debut","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/793658\/","title":{"rendered":"Ferrari CEO &#8216;would not change anything&#8217; about polarizing Luce EV debut"},"content":{"rendered":"<p>Ferrari unveiled the Ferrari Luce electric vehicle in the symbolic setting of the Vela di Calatrava, Citt\u00e0 dello Sport in Rome in May, 2026. (Ferrari S.p.a.)<\/p>\n<p>Ferrari S.p.a.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/RACE\/\" rel=\"nofollow noopener\" target=\"_blank\">Ferrari<\/a> is pleased with the launch of the Luce all-electric vehicle despite significant criticism upon the car&#8217;s debut, according to CEO Benedetto Vigna.<\/p>\n<p>He said Thursday that the famed Italian automaker &#8220;would not change anything&#8221; about the vehicle&#8217;s launch this spring, which caused a notable decline in Ferrari shares amid <a href=\"https:\/\/www.cnbc.com\/2026\/05\/27\/ferrari-luce-backlash-lamborghini-ceo-ev.html\" rel=\"nofollow noopener\" target=\"_blank\">negative reactions<\/a> to the car, including from former Ferrari executive Luca di Montezemolo.<\/p>\n<p>&#8220;I would not change anything in the launch of [Luce]. We are very pleased about what has been done,&#8221; Vigna told reporters during a call to discuss Ferrari&#8217;s <a href=\"https:\/\/www.cnbc.com\/2026\/07\/30\/ferrari-race-earnings-q2-2026.html\" rel=\"nofollow noopener\" target=\"_blank\">second-quarter results.<\/a><\/p>\n<p>Vigna declined to disclose orders or expected sales for the 550,000 euro (roughly $640,000) Luce, but the company, which sold 13,640 vehicles last year, said its order books are full through 2027.<\/p>\n<p>The <a href=\"https:\/\/www.ft.com\/content\/11ac28b0-0c82-4d4a-bcb4-0e0dae44cf87?syn-25a6b1a6=1\" target=\"_blank\" rel=\"nofollow noopener\">Financial Times reported<\/a> Wednesday that Ferrari aimed to sell \u2060just under 500 units of the Luce \u200bmodel this year, and the quota was \u200bfilled in less than two months after the car&#8217;s May 25 launch.<\/p>\n<p>Ferrari&#8217;s first fully electric car, called Luce, in a handout image obtained by Reuters May 25, 2026, after the luxury sports car maker unveiled the model.<\/p>\n<p>Ferrari | Via Reuters<\/p>\n<p>&#8220;We are very much satisfied because we are proceeding as planned,&#8221; Vigna said, declining to comment on the report.<\/p>\n<p>The Luce was designed by former <a href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\/\" rel=\"nofollow noopener\" target=\"_blank\">Apple<\/a> design chief Jony Ive and is a departure from the aesthetic of typical Ferraris, with a minimalistic interior design, screens and a bubbly exterior. It is Ferrari&#8217;s first all-electric vehicle.<\/p>\n<p>The company also did a tiered rollout of the vehicle, revealing its interior ahead of time and posting videos online about the vehicle&#8217;s development and arrival.<\/p>\n<p>&#8220;The car has a lot of new things and that was the best way to make sure that the people understand all the novelties of this car,&#8221; Vigna said. &#8220;So that has been very good.&#8221;<\/p>\n<p>U.S.-listed shares of Ferrari experienced their largest daily decline so far this year, falling 8.4%, following the vehicle&#8217;s debut. The stock has since recovered.<\/p>\n<p><img decoding=\"async\" class=\"InlineVideo-videoThumbnail\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/07\/108311968-1779807999065-1779807373-46176336941-hd.jpg\" alt=\"Ferrari unveils its first fully electric vehicle\"\/><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Ferrari unveiled the Ferrari Luce electric vehicle in the symbolic setting of the Vela di Calatrava, Citt\u00e0 dello&hellip;\n","protected":false},"author":2,"featured_media":665701,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[11623,10060,290956,448,28,122,8084,57429,6145],"class_list":["post-793658","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-apple-inc","tag-autos","tag-benedetto-vigna","tag-breaking-news-business","tag-business","tag-business-news","tag-earnings","tag-ferrari-nv","tag-transportation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/793658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=793658"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/793658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/665701"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=793658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=793658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=793658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}