A worker works at Ferrari's new 'e-building' facility where the luxury sportscar maker is testing lines before an expected start of car production in early 2025, in Maranello, Italy, June 21, 2024. REUTERS/Daniele Mascolo
MARANELLO, Italy (Reuters) - Ferrari will use its new production site to boost manufacturing flexibility and shorten the time needed to develop and roll out new models, rather than to increase output, the CEO of the Italian luxury sports carmaker said on Friday.
Ferrari's so called e-building in its home town of Maranello, northern Italy, for which it has invested around 200 million euros ($214 million), will also produce its first fully electric (EV) car, expected to be launched at the end of next year.
