Italian carmaker scales back EV ambitions amid market uncertainty

The photo on the cover of the magazine” Anthony Albanese and his new members and senators.

Maranello, Italy | Since its blockbuster listing in New York almost a decade ago, Ferrari has consistently delivered industry-beating profits with a market valuation of a luxury brand rather than a carmaker.

Investors are now nervous that the winning streak may not last for the Italian group as it enters a new era of electric vehicles and geopolitical uncertainty.

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Financial Times

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