• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechElectric vehicles
Europe

Ferrari opens battery lab in northern Italy as it gears up to produce its first fully electric supercar amidst heated EV competition with BYD and Lamborghini

By
Daniele Lepido
Daniele Lepido
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Daniele Lepido
Daniele Lepido
and
Bloomberg
Bloomberg
Down Arrow Button Icon
April 9, 2024, 4:57 AM ET
A driver returns to his red Ferrari parked on the pavement outside the Louis Vuitton store in Bond Street, on 12th August 2022, in London, England.
The research center could accelerate CEO Benedetto Vigna’s efforts to bring Ferrari, famous for its roaring 12-cylinder engines, into the electric world. Richard Baker / In Pictures via Getty Images

Ferrari NV unveiled a new laboratory to research lithium battery cells as it gears up to produce its first fully electric supercar by late next year.

Recommended Video

The facility, led by University of Bologna scientists, will have a special focus on analyzing solid states, fast charging, thermal charging and cell safety and performance, Ferrari said Monday. 

The research center could accelerate Chief Executive Officer Benedetto Vigna’s efforts to bring Ferrari, famous for its roaring 12-cylinder engines, into the electric world. The company plans to unveil its first fully electric car in the fourth quarter of next year.

Competition to make the transition is intensifying. China’s BYD Co. in February unveiled a 1.68 million yuan ($233,450) high-performance EV to take challenge Ferrari and Lamborghini. While both manufacturers have released hybrid models, they have yet offer a fully electric supercar.

The new research center, known as E-Cells Lab, could help accelerate Ferrari’s plans. The company said it will share research results with its cell suppliers to increase performance of batteries that will be assembled in Maranello, where the company is building a new factory to make hybrid and electric vehicles. Vigna, speaking in an interview Monday, said the company is fully on track to open the new plant in June. 

Any applications from the research will also be shared with technology partner Dutch chipmaker NXP Semiconductors NV.

While traditional carmakers have been advancing battery technology for mass-market vehicles, high-performance cars have different needs, like coping with higher temperatures. Porsche AG in 2021 took control of German lithium-ion specialist Custom Cells GmbH to make batteries for its top-end vehicles. 

Vigna said in a statement that Ferrari’s new lab will make significant contributions to the field of electro-chemistry.

Ferrari said last month it’s partnering with SK On to develop batteries for electric supercars. The South Korean company has been a Ferrari supplier for several years, providing the battery for the SF90 Stradale plug-in hybrid that was unveiled in 2019.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Daniele Lepido
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Tech

NewslettersCIO Intelligence
Inside tractor maker CNH’s push to bring more artificial intelligence to the farm
By John KellDecember 10, 2025
27 minutes ago
NewslettersTerm Sheet
5 VCs sounds off on the AI question du jour
By Amanda GerutDecember 10, 2025
1 hour ago
Databricks co-founder and CEO Ali Ghodsi (right) with Fortune editorial director Andrew Nusca at Fortune Brainstorm AI 2025 in San Francisco. (Photo: Stuart Isett/Fortune)
NewslettersFortune Tech
How Databricks could achieve a trillion-dollar valuation
By Andrew NuscaDecember 10, 2025
2 hours ago
Zhenghua Yang
SuccessSmall Business
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
2 hours ago
AsiaCoupang
Coupang CEO resigns over historic South Korean data breach
By Yoolim Lee and BloombergDecember 10, 2025
4 hours ago
AIpalantir
New contract shows Palantir is working on a tech platform for another federal agency that works with ICE
By Jessica MathewsDecember 9, 2025
12 hours ago

Most Popular

placeholder alt text
Economy
‘Fodder for a recession’: Top economist Mark Zandi warns about so many Americans ‘already living on the financial edge’ in a K-shaped economy 
By Eva RoytburgDecember 9, 2025
15 hours ago
placeholder alt text
Success
When David Ellison was 13, his billionaire father Larry bought him a plane. He competed in air shows before leaving it to become a Hollywood executive
By Dave SmithDecember 9, 2025
1 day ago
placeholder alt text
Banking
Jamie Dimon taps Jeff Bezos, Michael Dell, and Ford CEO Jim Farley to advise JPMorgan's $1.5 trillion national security initiative
By Nino PaoliDecember 9, 2025
17 hours ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
14 days ago
placeholder alt text
Real Estate
The 'Great Housing Reset' is coming: Income growth will outpace home-price growth in 2026, Redfin forecasts
By Nino PaoliDecember 6, 2025
4 days ago
placeholder alt text
Success
Craigslist founder signs the Giving Pledge, and his fortune will go to military families, fighting cyberattacks—and a pigeon rescue
By Sydney LakeDecember 8, 2025
2 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.