Ferrari (RACE) Launches €550,000 Luce EV Model with Ex-Apple Designer
Published on · Source: ft.com
AI Summary
Summarized by AI from the source belowFerrari (RACE) has launched its first electric vehicle, the Luce, priced at €550,000. The design, led by former Apple (AAPL) designer Jony Ive, aims to attract a younger demographic. This model highlights Ferrari's commitment to innovation in the luxury automotive sector. The introduction of an electric vehicle could impact market dynamics as competitors ramp up their own EV offerings, making it essential for Ferrari to resonate with new consumers.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Apple Inc. (AAPL)
Apple designs and sells consumer electronics: the iPhone, Mac, iPad and Apple Watch. It also runs a fast-growing services business spanning the App Store, iCloud and Apple Pay.
The Information Technology sector covers hardware, software and semiconductor companies driving the digital economy.
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