Ferrari has opened its new factory in Maranello, Italy, which will make its first electric supercars alongside ICE and hybrids.

Earlier this month, Reuters reported Ferrari’s first fully electric supercar was tipped to carry a EUR500k price tag though CEO Benedetto Vigna declined to sayd how much the vehicle would cost, telling Bloomberg pricing information would be given a month before the car is released.

At the plant inauguration, Ferrari president John Elkann said: “Investing in our territory is essential to prepare ourselves for Ferrari's future with confidence and confirms our commitment to Italian excellence and to our country."

The new factory will also produce electrical components, including high voltage batteries, electric motors and axles.

Manufacturing processes are equipped with collaborative robots, which adapt their behaviour according to the operator's needs, and digital twins.

The building has 3,000 solar panels on the roof which produce 1.3mW.

60% of the energy used for battery and motor testing will be recovered in accumulators and redirected to power other processes.