Ferrari shares plunge 13% after carmaker updates guidance, halves EV sales target

Italian carmaker Ferrari on Thursday dialled back its electrification ambitions, saying fully electric vehicles will make up just 20% of its range by 2030.

Ferrari shares plunge 13% after carmaker updates guidance, halves EV sales target
Italian carmaker Ferrari on Thursday dialled back its electrification ambitions, saying fully electric vehicles will make up just 20% of its range by 2030.