{"id":1964385,"date":"2026-05-30T22:23:32","date_gmt":"2026-05-30T19:23:32","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1964385"},"modified":"2026-05-30T22:23:32","modified_gmt":"2026-05-30T19:23:32","slug":"ferrari-wanted-to-take-on-chinese-evs-with-the-luce-then-the-backlash-started","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1964385","title":{"rendered":"Ferrari wanted to take on Chinese EVs with the Luce &#8211; then the backlash started"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/eda2\/live\/10992360-5a49-11f1-a7f6-656c5ce9b72d.jpg&#8221;]<\/p>\n<article>\n<div>\n<div data-component=\"image-block\" class=\"sc-9cd5bb24-0 jTWPCV\">\n<figure class=\"sc-cd6075cf-0 laOREU\">\n<div class=\"sc-82b3c53b-0 ciXMDU\">\n<div data-testid=\"hero-image\" class=\"sc-79783b34-1 gWJDQg\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20260527-122213-f92e6ec078-web-3.7.0-4\/grey-placeholder.png\" class=\"sc-79783b34-0 izIRVC hide-when-no-script\" aria-label=\"image unavailable\"><img decoding=\"async\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/eda2\/live\/10992360-5a49-11f1-a7f6-656c5ce9b72d.jpg.webp\" loading=\"eager\" alt=\"Ferrari A promotional image of the Ferrari Luce in light blue\" class=\"sc-79783b34-0 clLFUe\"><span class=\"sc-79783b34-2 dUBtUF\">Ferrari<\/span><\/div>\n<\/div>\n<div class=\"sc-82b3c53b-0 gmICnp\"><figcaption class=\"sc-69115734-0 jsSfKy\">The Ferrari Luce EV has been heavily criticised<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The new Ferrari Luce, the brainchild of iPhone designer Sir Jony Ive, is unlike anything the Italian carmaker has ever created &#8211; so is the backlash it is facing.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Its launch was such a big deal that Italian President Sergio Mattarella and Pope Leo were invited to view the luxury brand&#8217;s first electric vehicle (EV).<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">But internet critics, investors and even politicians have hit out at the Luce &#8211; which is Italian for &#8220;light&#8221;.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The firm&#8217;s shares fell 8% the day after the unveiling, as a host of memes mocked the $640,000 (\u00a3475,625) car, which is also its first five-seater.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">It comes as the global motor industry faces a number of major challenges, including fierce competition from Chinese carmakers.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"image-block\" class=\"sc-9cd5bb24-0 hoFfRa\">\n<figure class=\"sc-cd6075cf-0 laOREU\">\n<div class=\"sc-82b3c53b-0 gmICnp\">\n<div data-testid=\"image\" class=\"sc-79783b34-1 fMoqii\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20260527-122213-f92e6ec078-web-3.7.0-4\/grey-placeholder.png\" class=\"sc-79783b34-0 izIRVC hide-when-no-script\" aria-label=\"image unavailable\"><img decoding=\"async\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/821a\/live\/9f292f40-5a61-11f1-9f6b-e3d8a50585ef.jpg.webp\" loading=\"lazy\" alt=\"Shaun Baker Ferrari owner Shaun Baker posing for a picture with a bright red 488 Pista.\" class=\"sc-79783b34-0 clLFUe\"><span class=\"sc-79783b34-2 dUBtUF\">Shaun Baker<\/span><\/div>\n<\/div>\n<div class=\"sc-82b3c53b-0 gmICnp\"><figcaption class=\"sc-69115734-0 jsSfKy\">High-end car dealer Shaun Baker calls the Luce the &#8220;Loser&#8221;<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The unveiling of a Ferrari EV marks a major shift for a brand built on sleek petrol-powered supercars, known for their roaring engines.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">For years, the firm resisted going electric &#8211; even as much of the motor industry was making the transition.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The Luce is certainly as fast as many supercars: 0-60mph (96km\/h) in about 2.5 seconds, with a top speed of more than 190mph.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">But it is the way it looks that has drawn the most criticism.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Former Ferrari chairman Luca Cordero di Montezemolo told reporters on Tuesday that the Luce is &#8220;risking the destruction of a legend&#8221; and the firm should remove its iconic badge from the car.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Australia-based high-end car dealer and collector Shaun Baker told the BBC that he refers to the Luce &#8211; which is pronounced &#8220;loo-chay&#8221; &#8211; as the &#8220;Loser&#8221;.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">&#8220;Ferrari was the aspirational brand to own. But with the Luce, they&#8217;ve hurt their image,&#8221; he said.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"video-block\" class=\"sc-9cd5bb24-0 hoFfRa\">\n<figure class=\"sc-cd6075cf-0 laOREU\">\n<div class=\"sc-82b3c53b-0 fEqTsi\">\n<div class=\"sc-fcf3f1aa-0\"><figcaption class=\"sc-69115734-0 jsSfKy\">Pope Leo inspects Ferrari&#8217;s first fully electric vehicle<\/figcaption><\/div>\n<\/div>\n<\/figure>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The Luce does not have the low-slung profile of a typical Ferrari. Powered by electric motors, it also does not have the distinctive engine noise.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">&#8220;This is supposed to be innovation? I wonder what Enzo Ferrari would say,&#8221; Italy&#8217;s deputy prime minister and transport minister Matteo Salvini said, referring to the company&#8217;s founder.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The Luce &#8220;looks like anything but a car from the prancing horse&#8221;, he added.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">While some on the internet have praised the car, for example, as a &#8220;masterclass&#8221; of design, there is no shortage of critics.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">An &#8220;abomination&#8221;, one commenter said. &#8220;Enzo Ferrari will rise from his grave and take control of the company again,&#8221; wrote another.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Some social media users drew comparisons to the far cheaper Nissan Leaf and Chinese EVs, suggestions Ferrari boss Benedetto Vigna was quick to push back at.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Others posted AI-generated reworkings of the Luce&#8217;s design, giving it a sportier look.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">&#8220;They were made in 10 seconds and still look better than what Ferrari has come up with,&#8221; said Baker, who has owned more than 50 of the firm&#8217;s cars.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"image-block\" class=\"sc-9cd5bb24-0 hoFfRa\">\n<figure class=\"sc-cd6075cf-0 laOREU\">\n<div class=\"sc-82b3c53b-0 gmICnp\">\n<div data-testid=\"image\" class=\"sc-79783b34-1 fMoqii\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20260527-122213-f92e6ec078-web-3.7.0-4\/grey-placeholder.png\" class=\"sc-79783b34-0 izIRVC hide-when-no-script\" aria-label=\"image unavailable\"><img decoding=\"async\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/775e\/live\/f70611d0-5afa-11f1-b16c-cd989b379767.jpg.webp\" loading=\"lazy\" alt=\"Getty Images Dressed in a glittery purple outfit, F1 racer Lewis Hamilton walks past a Ferrari Purosangue SUV parked on a road.\" class=\"sc-79783b34-0 clLFUe\"><span class=\"sc-79783b34-2 dUBtUF\">Getty Images<\/span><\/div>\n<\/div>\n<div class=\"sc-82b3c53b-0 gmICnp\"><figcaption class=\"sc-69115734-0 jsSfKy\">Ferrari F1 driver Lewis Hamilton has a Purosangue, Ferrari&#8217;s first SUV<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Vigna, who has led Ferrari for the last five years, is no stranger to controversy.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The Purosangue, the firm&#8217;s first sports utility vehicle (SUV), split opinion when it was launched in 2022.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Critics said the four-door model would tarnish Ferrari&#8217;s image as an exclusive supercar brand. But it sold well, helping the firm move into a new market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Ferrari isn&#8217;t the only motor industry giant to face a backlash over going electric.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">In 2024, Jaguar sparked fierce debate when it announced plans to become a high-end EV brand and unveiled a concept vehicle called the Type 00 that looked unlike any of the British luxury carmaker&#8217;s previous models.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Critics said the car, with its ultra-long bonnet and chunky wheels, was a departure from the E-Type maker&#8217;s roots.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">&#8220;Jaguar needs to be bold and disruptive in order to cut through and get our message across,&#8221; the firm&#8217;s boss Rawdon Glover told the BBC at the time.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"image-block\" class=\"sc-9cd5bb24-0 hoFfRa\">\n<figure class=\"sc-cd6075cf-0 laOREU\">\n<div class=\"sc-82b3c53b-0 gmICnp\">\n<div data-testid=\"image\" class=\"sc-79783b34-1 fMoqii\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20260527-122213-f92e6ec078-web-3.7.0-4\/grey-placeholder.png\" class=\"sc-79783b34-0 izIRVC hide-when-no-script\" aria-label=\"image unavailable\"><img decoding=\"async\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/162c\/live\/deb00e10-5a41-11f1-a295-ab4de21b4525.jpg.webp\" loading=\"lazy\" alt=\"Getty Images  A blue Jaguar Type 00 concept car is displayed at a car show\" class=\"sc-79783b34-0 clLFUe\"><span class=\"sc-79783b34-2 dUBtUF\">Getty Images<\/span><\/div>\n<\/div>\n<div class=\"sc-82b3c53b-0 gmICnp\"><figcaption class=\"sc-69115734-0 jsSfKy\">The Jaguar Type 00 concept car faced a backlash when it was launched in 2024<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Today, Ferrari is facing similar claims that it has lost its identity.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Singapore car analyst James Wong praised the design of the Luce&#8217;s interior but said as a whole the car is &#8220;unrecognisable&#8221; as a Ferrari.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The Luce&#8217;s &#8220;eye-popping price tag&#8221; also looks particularly high given the increasingly cheap and luxurious EVs already on the market, said sustainable industry expert Jessica Cheam.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">But Vigna has said it is a fair price to pay for innovation and that the car has received strong interest from potential buyers.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Ferrari&#8217;s move into EVs comes as several other big brands have been rethinking their plans for battery-powered cars.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Rival supercar maker Lamborghini has scrapped its EV programme due to weak demand and customers&#8217; preference for petrol engines.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Following the Luce&#8217;s launch, Lamborghini boss Stephan Winkelmann said his company&#8217;s focus on hybrid cars over all-electric models was &#8220;the right way to go&#8221;.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">&#8220;Every brand, every company has to decide for themselves,&#8221; Winkelmann told business news channel CNBC.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Other carmakers &#8211; including Porsche, Honda and Ford &#8211; have also scaled back their EV programmes.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"image-block\" class=\"sc-9cd5bb24-0 hoFfRa\">\n<figure class=\"sc-cd6075cf-0 laOREU\">\n<div class=\"sc-82b3c53b-0 gmICnp\">\n<div data-testid=\"image\" class=\"sc-79783b34-1 fMoqii\"><img decoding=\"async\" src=\"https:\/\/static.files.bbci.co.uk\/bbcdotcom\/web\/20260527-122213-f92e6ec078-web-3.7.0-4\/grey-placeholder.png\" class=\"sc-79783b34-0 izIRVC hide-when-no-script\" aria-label=\"image unavailable\"><img decoding=\"async\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/390f\/live\/32dd6eb0-5a42-11f1-a295-ab4de21b4525.jpg.webp\" loading=\"lazy\" alt=\"Getty Images A convoy of Ferrari supercars turn up for an event along the Amalfi Coast\" class=\"sc-79783b34-0 clLFUe\"><span class=\"sc-79783b34-2 dUBtUF\">Getty Images<\/span><\/div>\n<\/div>\n<div class=\"sc-82b3c53b-0 gmICnp\"><figcaption class=\"sc-69115734-0 jsSfKy\">Critics say the Luce doesn&#8217;t look like a typical Ferrari<\/figcaption><\/div>\n<\/figure>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Global carmakers have also faced stiff competition in China &#8211; a major market for luxury brands like Ferrari. Car buyers there have come to expect low prices, long battery ranges and innovative features.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">China is home to vast supply chains for EV parts that helps to lower the cost of production by at least 30% compared to the rest of the world, according to the International Energy Agency.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Aggressive subsidies in the country have also led to huge growth in the number of carmakers, forcing firms to cut their prices and innovate to win over customers.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">That fierce competition has also forced Western firms, including Tesla and VW, to slash their prices in China.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Chinese EV makers are increasingly targeting the premium market to boost their profit margins, competing with Porsche and Tesla&#8217;s high-end models.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Electric supercars have also been rolled out by Chinese firms better known for SUVs and saloons. An example of what Western brands are competing against is the $250,000 all-electric BYD Yangwang U9. It can reach 60mph in just over 2.3 seconds.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">That is perhaps why, with the Luce, Ferrari is targeting a completely different market from those looking to buy a conventional supercar.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The Luce could appeal to younger buyers who are more open to EVs compared to Ferrari&#8217;s die-hard fans, Cheam said.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">Given how unfamiliar it looks as a Ferrari, the Luce may also attract new customers to the brand, Wong said.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The firm could have done with a &#8220;dipstick test&#8221; with loyal customers to see whether such a design would resonate with them, Wong said.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">&#8220;But then again, all this could have been intentional, given the huge media storm that the Luce has attracted.&#8221;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div data-component=\"text-block\" class=\"sc-9cd5bb24-0 lmzibM\">\n<div class=\"sc-cd6075cf-0 DQtHs\">\n<div class=\"sc-82b3c53b-0 IAFLu\">\n<p class=\"sc-1a18e57c-0 HooNV\">The BBC has asked Ferrari for its response to criticism of the Luce.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<p>[analyse_source url=&#8221;https:\/\/www.bbc.com\/news\/articles\/c1l2y7j7454o&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/ichef.bbci.co.uk\/news\/1024\/branded_news\/eda2\/live\/10992360-5a49-11f1-a7f6-656c5ce9b72d.jpg&#8221;] Ferrari The Ferrari Luce EV has been heavily criticised The new Ferrari Luce, the brainchild of iPhone designer Sir Jony Ive, is unlike anything the Italian carmaker has ever created &#8211; so is the backlash it is facing. Its launch was such a big deal that Italian President Sergio Mattarella and Pope [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[35,226],"class_list":["post-1964385","post","type-post","status-publish","format-standard","hentry","category-politics","tag-bbc-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1964385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1964385"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1964385\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1964385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1964385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1964385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}