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Ferrari's Debut EV Breaks Auction Records

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EElectricBuzz Editorial Team
Ferrari's Debut EV Breaks Auction Records
1 min read80 wordsElectricBuzz Editorial Team

The Gist

“Ferrari's first electric car, the Luce, has sold for $40 million at a Monterey auction, more than 36 times its original estimate. The entire proceeds from the sale of this unique model will go to the Ferrari Foundation, breaking auction records despite initial ridicule upon its debut.”

Ferrari's first foray into the electric vehicle market has resulted in a record-breaking sale. The Luce, 'Chassis 0', features bespoke wheels, brake callipers, and a custom interior, making it a truly one-of-a-kind model.

Key Insights

The key details of this sale include the staggering $40 million price tag, which far exceeds the original estimate of $1.1 million. This not only underscores the allure of Ferrari's brand but also highlights the growing interest in electric vehicles, even among collectors and enthusiasts.

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