luxury

Ferrari's first all-electric model, the Luce, designed with Apple's Jony Ive, faces widespread mockery and criticism for its bland, unidentifiable design that clashes with the brand's iconic identity, especially given its $640,000 price tag.

Ferrari Luce is the first electric car from Ferrari, designed by LoveFrom.

Ferrari reveals its first electric vehicle, the Luce, designed in collaboration with Jony Ive and Marc Newson's LoveFrom. It features four motors, 1,035 horsepower, starts at €550,000 in Italy, and is Ferrari's first five-seat car.

Mercedes-AMG unveiled the all-electric GT 63 4-Door Coupe, featuring axial flux motors and F1-derived battery cells, marking a shift away from V8 engines.