The Italian based automaker Ferrari is planning to develop more hybrid supercars but no electric vehicles are in sight, over the following years.

According to the company’s chairman, Luca di Montezemolo, the Maranello carmaker will continue to develop, unveil and sell hybrid supercars. The Ferrari boss didn’t reveal any details on possible future models but one thing is for sure, no electric vehicles will wear the Ferrari badges on their bodies.

“I don’t believe in electric cars but I strongly believe in hybrids”, said Luca di Montezemolo.

The first ever Ferrari hybrid supercar is named the LaFerrari and it has been officially presented to the public, in a world premiere, during the 2013 Geneva Motor Show, back in March. The model in question is rivaling the McLaren P1 and the upcoming Porsche 918 Spyder. Power to the Ferrari LaFerrari is being provided by a 6.3 liter V12 engine, backed up by an electric motor, which is adding an extra 163 HP (120 kW) and 270 Nm of torque (199 lb-ft). The total output stands at 963 HP (708 kW), enough for a 0 to 100 km/h sprint made in less than 3 seconds and a top speed of 350 km/h (217 mph).

Source: Bloomberg


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