• Report suggests Ferrari will offer an annual subscription for its EV battery warranty
  • The subscription would cost about $7,500 per year
  • It would include battery replacements after eight years

Ferrari plans to launch its first electric vehicle next year, and the company may offer an extended warranty for the battery to ease concerns of buyers looking to make the switch from gas to electrons. It could also establish a new source of revenue for the company.

Citing people familiar with the matter, Bloomberg reported on June 26 that Ferrari is readying a battery extended warranty for its future EVs.

Per the report, the warranty would be offered in the form of an annual subscription costing around 7,000 euros (approximately $7,500). It would cover all aspects of maintaining the battery, as well as defects related to the battery.

It would also include regularly scheduled battery replacements after eight years, ensuring there's no major loss in performance over the life of the vehicle. This is vital for Ferrari, whose cars are often kept on the road for decades.

Ferrari SF90 XX Stradale

Ferrari SF90 XX Stradale

Ferrari's cars currently include a standard three-year factory warranty. For plug-in hybrid models like the SF90 Stradale and 296 GTB, the factory warranty automatically extends to five years for the hybrid-related components.

However, Ferrari has launched two extended warranty programs specifically for its hybrids. They include the Warranty Extension Hybrid and Power Hybrid extended warranties. The first covers the whole car while the second covers the powertrain only. Like the reported EV extended warranty, these hybrid extended warranties include scheduled replacements for the battery, at no extra cost.

Most automakers with EVs are offering warranties around eight years for the battery, including pure-play EV companies like Rivian and Tesla.

Ferrari hasn't said much about its first EV, apart from it debuting in late 2025 and starting volume production the following year. It's thought to be a low-slung SUV, like the V-12-powered Purosangue, and will cost more than $500,000, according to a report earlier this month from Reuters. Such a price will make it one of the most expensive Ferraris that is not in limited production.

Ferrari e-building

Ferrari e-building

Production of the EV, and future EVs from the automaker—a second is thought to already be in the works—will be handled at a new plant dubbed the E-Building located next to Ferrari's existing plant in Maranello, Italy. The plant's flexible production system means gas, hybrid, and electric vehicles can be built there, allowing Ferrari to adjust the mix depending on demand.

The additional capacity provided by the plant will allow Ferrari to increase its annual production to approximately 20,000 vehicles, up from the current 14,000.

This article has been updated with official information on new extended warranty programs for Ferrari's plug-in hybrid cars.