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EV Ferrari won't sell in Europe but will in Asia, Pirelli's Tronchetti says

Published by Global Banking & Finance Review

Posted on November 12, 2025

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· Last updated: January 21, 2026

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EV Ferrari won't sell in Europe but will in Asia, Pirelli's Tronchetti says
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MILAN (Reuters) -Pirelli Executive Vice Chairman Marco Tronchetti Provera said on Wednesday he expected Ferrari's upcoming first fully electric model to do well in Asia but not so much in Europe.

Ferrari's Electric Model Set for Success in Asia, Not Europe

MILAN (Reuters) -Pirelli Executive Vice Chairman Marco Tronchetti Provera said on Wednesday he expected Ferrari's upcoming first fully electric model to do well in Asia but not so much in Europe.

Ferrari last month unveiled the technology which will power its hotly-anticipated first electric car, the Elettrica, as the Italian luxury sportscar maker looks to add battery power to its hybrid and petrol-engine models.

Tronchetti Provera said it could help Ferrari open a new market in China and in Asia.

"I don't see an electric Ferrari in Europe being so successful. So it would be a surprise in case it happened, but we are ready to supply Ferrari" in any case, Tronchetti said during a conference in Milan organised by Bloomberg.

"I personally hope that they will remain with 12 cylinders because I love cars, and I love the engines. So these silent cars are not my cup of tea," the 77-year-old executive added.

(Reporting by Giulio Piovaccari, editing by Alvise Armellini)

Key Takeaways

  • Ferrari's first electric model, Elettrica, is expected to succeed in Asia.
  • Pirelli's Tronchetti sees limited success for the electric Ferrari in Europe.
  • Ferrari aims to expand its market with the electric Elettrica.
  • Tronchetti expresses a preference for traditional 12-cylinder engines.
  • The Elettrica could open new markets in China and Asia.

Frequently Asked Questions

What is an electric vehicle?
An electric vehicle (EV) is a type of vehicle that is powered by electricity instead of traditional fuel sources like gasoline or diesel. EVs use electric motors and batteries for propulsion.
What is battery power?
Battery power refers to the energy stored in batteries that can be used to power electric vehicles or electronic devices. It is a key component in the operation of electric vehicles.
What is a hybrid car?
A hybrid car is a vehicle that uses two or more types of power, typically combining an internal combustion engine with an electric motor. This design aims to improve fuel efficiency and reduce emissions.
What is market perception?
Market perception refers to how consumers view a brand or product in the marketplace. It can influence buying decisions and is shaped by factors such as advertising, customer reviews, and overall brand reputation.
What is a luxury sports car?
A luxury sports car is a high-performance vehicle that combines luxury features with sporty design and capabilities. These cars are often associated with brands known for their exclusivity and superior engineering.

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