
Ferrari is preparing the landmark launch of its first fully electric car in October, the luxury sports car maker said on Tuesday, while targeting an increase of at least 5% in revenues and core earnings this year. Breaking its tradition for roaring petrol engines, Ferrari’s much-awaited EV will be showcased at a capital markets day on Oct. 9, at the company’s Maranello base in Italy, CEO Benedetto Vigna said. That’s at the very beginning of the fourth quarter, the period Ferrari has repeatedly flagged for the launch. Vigna declined to...