Ferrari unveils €550,000 Luce as first electric car (opens in new tab)

Ferrari unveiled the Luce in Rome on May 25, introducing the Italian automaker’s first fully electric car and its first five-seat production model. The four-door model was developed with LoveFrom, the design collective founded by former Apple design chief Jony Ive and Marc Newson, and carries a starting price of €550,000 in Europe, about $640,000. Ferrari said the Luce uses four electric motors, one per wheel, and a 122 kWh battery, delivering about 1,035 horsepower, 0-100 km/h acceleration i...