Italian sportscar brand Ferrari has announced the arrival of its first fully electric car, the Luce, retailing for $640,000 or £474,320.
As luxury automakers Lamborghini and Porsche scale back their EV strategies, citing low demand, Ferrari is ploughing ahead with its electric vision, offering a futuristic five-seater in vibrant hues.
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Fiat and Jeep owner Stellantis is making a bet on smaller, more compact electric vehicles in a bid to boost sales in Europe’s car market.
The venture, known as E-Car, will begin production in 2028 at the Pomigliano d’Arco plant in Naples, Italy.
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In the world of the super-wealthy, hyper-personalisation ensures ultimate exclusivity, promising a completely unique driving experience that sometimes even money cannot buy. This is the strategy that Rolls-Royce is banking on when it comes to its luxury EV segment, pledging to produce just 100 highly bespoke vehicles for a small number of super-rich customers.
These custom-built, two-seater vehicles will be developed alongside clients in a four-year-long process that began back in 2024.
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As automakers seek to maximise the sleek, futuristic look of new models, the market has seen a sharp increase in the number of vehicles minimising bulky handles and buttons in favour of digital screens and concealed, automated handles.
Whilst these design features may offer the forward-looking glamour that elevates the in-car experience, concerns over safety have seen automakers retreating back to intuitive design features, including tactile buttons and manual handles.
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Government subsidies and cheap manufacturing costs have long given Chinese automakers a competitive edge when it comes to EV production, facilitating the rapid expansion of manufacturers like BYD and Geely into overseas markets.
This seemingly unstoppable growth now appears to be showing signs of waning, following an announcement from the China Passenger Car Association reporting a fall in electric vehicle sales for the first time since February 2024.
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China is set to become the first country to ban retractable door handles on passenger vehicles. The trend, popularised by EV makers seeking sleek silhouettes and improved aerodynamics, has raised safety concerns amongst vehicle legislators.
The new safety standards were announced by the Ministry of Industry and Information Technology (MIIT) and will take effect in 2027.
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