All-Electric Ferrari Luce Sells For Record $40 Million At Auction
· Automobile · Hindustan Times, Bloomberg, BBC News
Ferrari's all-electric Luce model has sold for $40 million at a Sotheby’s charity auction in Monterey, California, setting a record for the most expensive new car ever auctioned. The vehicle features four electric engines producing 1,050 cv and can accelerate from 0 to 100 km/h in 2.5 seconds. Designed in collaboration with Jony Ive’s studio LoveFrom, the car marks a significant departure from Ferrari's traditional combustion-engine heritage. Despite initial criticism following its May launch, the car has achieved record-breaking market interest. It offers a range of 530 km and utilizes an 800V architecture.
Why it matters
The sale demonstrates strong collector demand for high-end electric vehicles despite initial skepticism from traditional brand enthusiasts.
Read the original report — Hindustan Times
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