Ferrari Luce EV Sold Out Through 2027 Despite Early Design Backlash

Ferrari's first all-electric vehicle, the Luce, has reportedly sold out its entire production allocation through 2027. According to the automaker's third-quarter earnings call, the high-end EV—which starts at $560,800 in the U.S.—has faced strong demand from wealthy buyers despite initial criticism from purists and reviewers regarding its radical styling.

Design Controversy and Public Reception

Designed in collaboration with LoveFrom, the firm co-founded by former Apple design chief Jony Ive, the Luce represents a massive departure from traditional Ferrari aesthetics.

• Features a higher-riding silhouette with an industrial-design aesthetic.
• Serves as Ferrari's first-ever five-seat model.
• Sparked intense debate among automotive critics questioning its traditional brand identity.

Despite the online backlash, Ferrari CEO Benedetto Vigna stated during the earnings call that customers are "better understanding" the vehicle after seeing and driving it in person. Vigna reported that cars planned for sale next year are essentially all allocated, with current buyers facing a one-year wait for delivery. Ferrari did not disclose exact production figures or regional order breakdowns.

Performance Claims and Specifications

On paper, the Luce boasts formidable specifications, though independent verification remains limited outside of early media test drives.

• Powertrain: Quad-motor setup delivering 1,035 horsepower and 730 lb-ft of torque.
• Acceleration: Manufacturer-reported 0 to 62 mph in 2.5 seconds.
• Battery and Range: 112-kilowatt-hour battery offering an estimated 530 kilometers (329 miles) of WLTP range.
• Charging: Peak charging capacity of 350 kilowatts.

Early driving impressions from outlets like MotorTrend have been notably positive, describing the driving dynamics as natural and well-balanced. Additionally, a production prototype dubbed "Chassis 0" reportedly sold for $40 million at an auction in August, highlighting robust collector interest.

How to Verify

Readers interested in official financial updates or production announcements can review Ferrari's official investor relations portal and quarterly earnings transcripts.