Ferrari’s first electric vehicle to cost over $500,000

Ferrari’s first electric car will cost at least 500,000 euros (an equivalent of $535,000), a source familiar with the matter said, as the luxury automaker prepares to open a plant that will make the model – and could boost group production by up to a third. The Italian brand, famed for its roaring petrol engines,… Read More Ferrari’s first electric vehicle to cost over $500,000

June 19, 2024 SledgeLeave a comment

Porsche debuts on stock market with €75billion price tag

Porsche AG made its debut on the stock market on Thursday, with a price tag of about 75 billion euros (an equivalent of $72.45 billion) after Volkswagen priced shares at the top end of the range, braving turbulent market conditions. The bumper flotation, expected to generate around 19.5 billion euros (an equivalent of $19.0 billion),… Read More Porsche debuts on stock market with €75billion price tag

September 29, 2022 SledgeLeave a comment