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January 21, 2018 08:00 pm

Challenging Tesla, Ferrari Will Build An Electric Sportscar -- and an SUV

Long-time Slashdot reader Kant shared an article from The Verge:Ferrari will build a battery-electric supercar in a bid to challenge Tesla for a piece of the high-end, eco-conscious luxury market. CEO Sergio Marchionne, who also heads Fiat Chrysler, said that the Italian racecar company would also make a Ferrari SUV -- after previously dismissing the idea as ridiculous. Speaking at the North American International Auto Show in Detroit, Marchionne didn't offer any specifics on the electric Ferrari, but indicated the company would release it before the Tesla Roadster hits the road in 2020. "If there is an electric supercar to be built, then Ferrari will be the first," Marchionne said, according to Bloomberg. "People are amazed at what Tesla did with a supercar: I'm not trying to minimize what Elon did but I think it's doable by all of us." BMW and Porsche also have plans to introduce all-electric supercars, and Marchionne says "I don't know of a [business] that is making money selling electric vehicles unless you are selling them at the very, very high end of the spectrum." His remarks were also "a significant departure" from comments made in 2016 about the Ferrari SUV: 'You have to shoot me first.'"

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