Electric Ferrari debuts with 40M cost

The first fully electric car from the Ferrari brand, the "Luchi" model, was sold for $40 million at a charity auction, setting a record for the highest price ever achieved for a new car at a public auction. The vehicle was an exceptional prototype specially designed with exclusive specifications. This sale further elevates Ferrari’s position in the luxury bespoke car market, where current focus is on customization and rarity to increase each vehicle's value. Despite this record-breaking figure, the luxury electric car market still faces demand challenges, with other companies like Porsche and Lamborghini scaling back their plans to launch electric models. This highlights that the success of "Luchi" reflects rarity and personalization more than a complete market shift toward electric vehicles.

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