The new £474,320 Ferrari Luce, the Italian brand's first ever five-seater, has been met with a mixed response. Former boss Luca di Montezemolo and car enthusiasts have criticized the saloon-like design of the EV, with digitally altered images making rounds on X. The firm's shares fell more than eight per cent on the Milan stock market and by over five per cent in New York on Tuesday.
The new £474,320 Ferrari Luce , the Italian brand's first ever five-seater, has been ruthlessly mocked online by former boss Luca di Montezemolo and car enthusiasts .
The saloon-like design of the EV immediately proved divisive, with digitally altered images making rounds on X. The firm's shares fell more than eight per cent on the Milan stock market and by over five per cent in New York on Tuesday. The Luce offers 1,000 horsepower, can hit 60mph in 2.5 seconds, and has a range of more than 329 miles. It also has four electric motors - one for each wheel.
The company, which also sells hybrid electric vehicles, has invested billions of euros in electrification, but dropped its goal for 40 per cent of its lineup to be fully electric by 2030 down to 20 per cent. The internet commenters and auto critics responded negatively, saying the Luce strays from the brand's usual aesthetic and as automakers look to appeal to mainstream buyers with less expensive EVs, another luxury offering seems particularly challenging
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