Breaking its tradition for roaring petrol engines, Ferrari's much-awaited EV will be showcased at a capital markets day on Oct. 9.

The first electric Ferrari is set to debut on Oct. 9. Ferrari CEO Benedetto Vigna confirmed the date of the automaker's first EV date during its Q4 and 2024 earnings results on Tuesday. Vigna called the upcoming EV the elettrica, which is Italian for electric. Elettrica is not expected to be the EV's name.

Italian luxury carmaker Ferrari on Tuesday reported that its net profit increased in the fourth quarter compared with the same period of the previous year, primarily due to growth in revenue. Ferrari reported earnings of €386 million ($399 million) for the fourth quarter,

Luxury sports carmaker Ferrari will present its first fully-electric vehicle (EV) at its capital markets day scheduled on Oct. 9, Chief Executive Benedetto Vigna said on Tuesday.

Ferrari are to make six new models this year including the Prancing Horse's first electric car, CEO Benedetto Vigna said Tuesday. "This year we will launch 6 new models and, among these, the first electric Ferrari about which I can say little,