Ferrari Launches Battery Replacement Program for Hybrid Models

Ferrari has launched two new warranty extension schemes for hybrid models, allowing battery replacement in the 8th and 16th years to preserve performance and resale value. These programs, transferable to new owners, include extended warranties on all car and powertrain components. Costing around 7,000 euros ($7,530) annually, they cover existing hybrid models and the upcoming all-electric model. Ferrari, known for powerful petrol engines, introduced hybrids in 2019 and plans a fully electric vehicle by 2025.