The new Luce model has divided opinion on social media, and comes despite intense pressure from Chinese EV makers. Original Image Link Source:www.bbc.co.uk
The boss of Ferrari has defended its new €550,000 (£475,000) electric vehicle (EV) after its launch was met with widespread derision this week. Original Image Link Source:finance.yahoo.com
It’s deemed outrageously expensive, it’s insulting to existing owners and perhaps most damning of all – it looks like a Nissan Leaf. Those are just some of the unflattering comments directed at ... Original Image Link Source:www.msn.com
Ferrari (NYSE:RACE) has spent decades cultivating an image built on scarcity, sound and speed. The Luce, its first fully electric vehicle, has tested all three pillars at once, and the market's verdict was swift: the shares fell as much as 8% in the days following the Rome unveiling, Original Image Link Source:finance.yahoo.com
While many may expect rising gas prices to result in increased demand for electric vehicles, that’s not necessarily the case, according to RJ Scaringe, the CEO of Rivian. “We, as the buying public, have just become somewhat numb to volatility, Original Image Link Source:www.inc.com
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