close
close

Ferrari may offer $7,500 subscription for electric vehicle battery maintenance and replacement

Ferrari may offer ,500 subscription for electric vehicle battery maintenance and replacement

  • Ferrari to offer annual subscription for electric vehicle battery warranty, report suggests
  • The subscription would cost about $7,500 per year.
  • This would include replacing the batteries after eight years

Ferrari plans to launch its first electric vehicle next year and may offer an extended battery warranty to ease concerns among buyers who want to switch from gasoline to electronics. It could also be a new revenue stream for the company.

Citing people familiar with the matter, Bloomberg reported Wednesday that Ferrari is preparing an extended warranty on batteries for its future electric and hybrid vehicles.

According to the report, the guarantee would be offered in the form of a annual subscription costing around 7,000 euros (around $7,500). It would cover all aspects of battery maintenance, as well as battery-related faults.

This would also include regular programs Battery replacement after eight years, ensuring that there is no major loss of performance over the life of the vehicle. This is vital for Ferrari, whose cars often remain on the road for decades.

Ferrari SF90 XX Stradale

Ferrari SF90 XX Stradale

Ferrari cars currently include a standard three-year factory warrantyFor hybrid models, this warranty extends to five years, covering the battery and associated components. According to Bloomberg’s sources, Ferrari’s electric vehicles will also benefit from this level of standard coverage.

Most automakers with electric vehicles offer battery warranties of around eight years, including purely electric vehicle companies like Rivian and Tesla.

Ferrari hasn’t said much about its first electric vehiclein addition to its debut in late 2025 and the start of series production the following year. It is believed to be a Low profile SUVlike the V-12 engine Purosangueand will cost more than $500,000, according to a Reuters report earlier this month. Such a price tag would make it one of the most expensive Ferraris not in limited production.

Ferrari electronics construction

Ferrari Electric Building

Production of the electric vehicle and future electric vehicles from the automaker (a second is already said to be in preparation) will be carried out in a new factory called E-Building, located next to Ferrari’s existing factory in Maranello, Italy. The factory’s flexible production system allows gasoline, hybrid and electric vehicles to be built there, allowing Ferrari to adjust the mix according to demand.

The additional capacity brought by the factory will allow Ferrari to increase its annual production to around 20,000 vehicles, from 14,000 currently.