Italy's Ferrari to electrify 60 pct of lineup by 2026

MARANELLO, Italy, June 16 (Xinhua) -- Italy's luxury carmaker Ferrari plans to turn 60 percent of its production into hybrid and all-electric vehicles by 2026 and it aims to go carbon neutral by 2030, the company said on Thursday

By 2026, normal internal combustion engine (ICE) models will account for the remaining 40 percent of Ferraris. By 2030, Ferrari targets an offering composed of 40 percent all-electric, 40 percent hybrid and 20 percent ICE, the company said at its Capital Markets Day held at its headquarters in Maranello in the northeast Italian region of Emilia Romagna.