If Ferrari beats it, and beats it to the market, it will claim the title of the world's quickest-acceleration production vehicle. After all, he's had no qualms about adding a Ferrari SUV, which is probably less in keeping with the brand's ethos than an electric supercar.
Ferrari, the famed sports auto manufacturer based in Italy, which earlier disliked the idea of manufacturing eco-conscious electric supercar, has now unveiled its plans of developing an SUV.
In an interview with Bloomberg, Marchionne said "If there is an electric supercar to be built, then Ferrari will be the first", despite Mercedes-Benz releasing the SLS AMG Electric Drive in 2013 and Audi debuting the R8 e-tron in 2015.
"People are amazed at what Tesla did with a supercar: I'm not trying to minimize what Elon (Musk) did but I think it's doable by all of us".More news: Philippines set to water down free speech protections in constitution
More news: Following Reported 'Shithole' Comments, Trump Insists He's Not a Racist
More news: Palestinian president calls Trump peace offer 'slap of the century'
Marchionne went on to say that Ferrari is compelled to launching an electric vehicle because of the speed at which powertrain technology is changing.
The CEO also said that the Ferrari SUV would go on sale by 2019 or 2020 and that it will be the fastest in its class. Ferrari had earlier denied entering the SUV segment as well. Ferrari is going to be the first to make an electric supercar?
Some firms have already gotten around to launching electric supercars, though the cars' production runs are tiny. Majority have been in low volumes, but that would also be the case for a Ferrari.
But Tesla's high-performance P100D versions of is Model S and Model X cars deliver eye-popping performance and generate buzz among customers. As electric cars grow in popularity, and as an increasing amount of the world's energy is generated from renewable sources, petroleum-based fuels will increasingly be seen as socially irresponsible and undesirable. It's just unfortunate that it took so long.