Tag

Luce

All articles tagged with #luce

finance2 months ago•15 min saved

Ferrari Q2: Personalization and New Models Drive Momentum

Ferrari reported Q2 revenue €1.94B, EBITDA €755M, and industrial free cash flow €275M, boosted by a richer model mix and a personalization push now representing over 20% of cars and spare-parts revenue. The order book extends through 2027, and management raised full-year guidance as Ferrari launches the electric Luce and the limited-edition 12Cilindri Manuale. Higher costs are expected in the second half (SG&A, R&D, depreciation), while U.S. deliveries were softer due to model transitions and longer personalization lead times, with stronger growth in Europe, the Middle East, and Africa."

via Yahoo Finance|

#earnings #ferrari #finance

business2 months ago•2 min saved

Ferrari's Luce EV Delivers, Lifting 2026 Revenue Outlook

Ferrari raised its 2026 revenue guidance from $8.7 billion to $8.8 billion after solid demand for its core supercars, and said the Luce EV hit its 2026 sales target in two months, driven by China, with the model now sold out and helping expand Ferrari’s revenue stream despite initial skepticism.

via The Drive|

#business #china #earnings

business2 months ago•3 min saved

China Demand for Ferrari Luce Pushes Deliveries to 2027 as 2026 Allocation Fills

Ferrari’s first electric model, Luce, is drawing notable Chinese demand, with reports that orders in China could push deliveries to 2027 as Ferrari’s global 2026 allocation is said to be filled; in China the car is priced around 3.99 million yuan and deposits of 400,000–500,000 yuan are being requested. Early claims of an 88-unit “sellout” are attributed to dealer quotas rather than confirmed customer orders, and Ferrari aims to produce about 2,500 Luce units through 2030 with limited test-drives as regional data remains unconfirmed.

via carnewschina.com|

#business #china #demand

business3 months ago•4 min saved

China Sells Out Ferrari Luce EV Despite Global Backlash

Ferrari’s first all-electric sedan, the Luce designed with ex-Apple chief Jony Ive, faced criticism for a plain, practical look, yet China allocated 88 units priced at about 3.99 million yuan apiece; all were snapped up, suggesting strong demand among ultra-wealthy buyers despite backlash and a leadership shakeup back home.

via Electrek|

#business #china #ev

technology4 months ago•2 min saved

Nissan Embraces Leaf–Luce Look-Alike Buzz, Teases Ferrari

Nissan Ireland leaned into online chatter that the Ferrari Luce resembles the Nissan Leaf, saying it’s flattering and even sending a cheeky message to Ferrari. Despite few similarities, the two EVs aren’t direct rivals and sit at vastly different price points, with the Luce far more expensive than the Leaf.

via Motor1.com|

#electric-vehicle #ferrari #leaf

business4 months ago•2 min saved

Ferrari Doubles Down on Luce EV as Deposits Mount

Ferrari’s CEO Benedetto Vigna defended the Luce amid criticisms, saying the high-priced EV has drawn strong interest from new and existing customers and that deposits have already been placed, with exact numbers due in July; the €550,000 model remains on track for production as the company pushes a new chapter despite backlash.

via Motor1.com|

#business #deposits #electric-vehicles

technology4 months ago•7 min saved

Ferrari’s Luce EV design backfires, blurring the brand’s identity

Ferrari’s first all-electric model, the Luce, developed with LoveFrom (Jony Ive/Marc Newson), debuted amid widespread mockery for a bland, mass-market look that clashes with Ferrari’s heritage, despite impressive specs (four motors, 1,035 hp, ~500 km range) and optimism from leadership. Critics—designers, officials, and investors—say the styling sacrifices brand identity, sparking stock dips and broad debate about Ferrari’s strategy as it eyes growth, including in China, while executives insist interest remains strong.

via The Verge|

#car-design #electric-vehicle #ferrari

technology4 months ago•3 min saved

Ferrari's Luce EV Divides Fans as F1 Stars Praise Its Futuristic Flair

F1 stars Lewis Hamilton and Charles Leclerc praised Ferrari's Luce EV for its very Ferrari feel, futuristic design, and strong power delivery, while online reactions were polarized; Ferrari argues the radical five-seat liftback signals a future direction and expects a mix of lovers and haters as it gathers buyer feedback.

via Motor1.com|

#design #ev #f1

technology4 months ago•3 min saved

Ferrari's Luce EV Debuts Radical Two-Tone Design by LoveFrom

Ferrari's first electric model, the Luce, is a five-door, five-seat crossover with a four-motor setup, designed to maximize interior space and efficiency. Its standout feature is a two-tone exterior that visually separates the passenger cell from the shell, a look developed by LoveFrom (Jony Ive) and Mark Newson. The interior aims for coherence with the exterior and emphasizes aerodynamics, while the car carries a steep price around €550,000 (~$640,000) and has sparked mixed reactions.

via Road & Track|

#ferrari #jony-ive #lovefrom

business4 months ago•4 min saved

Ferrari’s First EV Sparks Apple‑Style Backlash

Ferrari unveils its first fully electric car, the Luce, a $640,000 four‑door sedan designed with Jony Ive’s LoveFrom that fans compare to an iPhone, prompting memes and a debate over whether the brand’s legacy can translate to EVs. Ferrari marketing frames it as a bridge between San Francisco and Maranello, but investors have pushed the stock down about 8% amid broader EV headwinds and subsidy cuts.

via Los Angeles Times|

#business #electric-vehicle #ferrari

technology4 months ago•3 min saved

Luce EV Under Fire From Ferrari’s Longtime Leader

Ferrari's Luce EV has sparked controversy after former chairman Luca di Montezemolo warned that an electric Ferrari could 'destroy a legend,' even suggesting removing the prancing horse branding; the piece notes the car's radical design, branding options (Prancing Horse or Scuderia Shields), and the broader debate over whether this shift can maintain Ferrari’s identity while appealing to buyers.

via Motor1.com|

#car-design #electric-vehicle #ferrari

technology4 months ago•3 min saved

Ferrari's Luce Electric Debuts with Ive-Designed Aesthetics, Sparks Mixed Reception

Ferrari unveils its first fully electric car, the Luce, a 1,035-horsepower five-seater with a 330-mile range, 0–60 mph in 2.5 seconds and a top speed near 200 mph. Designed with LoveFrom (Jony Ive and Marc Newson), it features a glass-and-aluminum look reminiscent of Apple products. Preorders begin in Italy by the end of May, with US deliveries planned for next spring; price is 550,000 euros (~$640,000). The reveal arrives as luxury automakers reassess EV timelines, and online reaction is polarized, praising the design from some and criticizing it from others; Ferrari’s stock briefly dipped after the announcement.

via CNET|

#ev #ferrari #jony-ive

world4 months ago•3 min saved

Italy Pushback Over Ferrari's New Electric Luce

Italy’s Salvini and other political and industry figures slam Ferrari’s first all-electric five-seat model Luce, calling it overpriced and un-Ferrari; the controversy, along with about an 8% stock drop, highlights tensions involving the Agnelli-Elkann family as the car—co-designed by Jony Ive—strays from Ferrari’s traditional design ethos.

via politico.eu|

#electric-vehicles #ferrari #italy-politics

technology4 months ago•13 min saved

Ferrari's Luce Debuts as the Prancing Horse's Bold Electric Four-Door

Ferrari unveils the Luce, its first four-door BEV designed with LoveFrom; the exterior polarizes but the cabin is stunning, featuring a pivoting infotainment screen and tactile aluminum trim. Powered by four motors for up to 1,035 hp from a 122 kWh 800V pack, with 350 kW charging and an estimated 330-mile WLTP range, plus advanced torque-vectoring and multiple drive modes; priced around €550,000 for Europe.

via Ars Technica|

#aerodynamics #electric-vehicle #ferrari

business4 months ago•312 min saved

Ferrari unveils Luce, its first all-electric flagship with 1,000+ hp

Ferrari revealed Luce, its first fully electric car, a four-door, five-seat flagship developed with designer Jony Ive and LoveFrom, priced at €550,000 ($640,000). The Luce packs four motors for over 1,000 hp, a top speed above 310 kph, a range over 500 km, and a luxury interior, with deliveries due in Q4 2026 as Ferrari targets broader markets such as China while maintaining its high-end image.

via CNN|

#business #electric-vehicle #ferrari