Ferrari has postponed the release of its second electric vehicle (EV) to at least 2028 due to weak demand for high-performance luxury EVs, reported Reuters, citing two sources close to the matter. This decision comes despite the company's ongoing efforts to transition into the electric market,

Italian automaker Ferrari (NYSE:RACE) has pushed off plans for its second all-electric model that was due out in 2026, according to Reuters. Sources indicate the second EV model will not be introduced until at least 2028 because of a lack of demand for high-performance luxury EVs.