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Ferrari plans to achieve carbon neutrality by 2030

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The electrification strategy of its cars will continue in parallel with the production of the internal combustion engine, which is an essential part of the company’s assets.

Manufacturer of luxury sports cars Ferrari established an action plan in correspondence with the objective of limiting global warming and achieving the carbon neutrality by 2030. The implementation of biomethane in the trigenerator, the installation of photovoltaic panels and systems based on fuel cells are some of the innovative proposals of the Strategic Plan 2022-2026 of the company.

The company based in Maranello , in northern Italy, will also bet on the electrification of its vehicles, which would reduce CO2 emissions in the use phase (at least -50% on average per car by 2030).

The company described an electrification strategy that calls for 40% fully electric vehicles and a 40% hybrid models by 2030. As it expands its model range, Ferrari projects that by 2026 its car offering will be comprised of 40% by conventional internal combustion engines and 60% by hybrids and fully electric.

This electrification strategy will continue in parallel with the production of the internal combustion engine, which is an essential part of the heritage of the company. Hybrid powertrains will continue to benefit from technology transfer from Ferrari’s racing experience. For their part, the electric motors will be designed, manufactured and assembled by hand in the Maranello factory.

In addition, Ferrari is exploring solutions to reduce emissions related to processes related to the supply chain, in particular the extraction of raw materials and components of production that represent about 45% of its emissions.

The Paris Agreement, adopted by 196 nations in 2015, established measures to limit the increase in global temperature to 2 °C in this century, maintaining the figure of 1.5 °C as a reference.

Derived from this agreement , a goal was established to achieve carbon neutrality (net balance of zero greenhouse gas emissions) by 2050. However, the climate summit COP26, held in 2021 in Scotland, concluded without agreements clear about the climate crisis and the plans to implement.

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