Ferrari to bring Luce EV to India, challenging Mercedes-Benz and BMW in premium luxury electric segment
Ferrari unveiled Luce, its first fully electric production car—a four-door GT co-developed with LoveFrom. HT Auto exclusively learnt the marque plans an India launch, with specs including a 122 kWh battery, 1,050 hp, 530 km range and 0-100 kmph in 2.5 seconds. The move could reshape India's nascent luxury EV market.
Ferrari unveiled Luce, its first fully electric production car, a four-door GT developed with LoveFrom. HT Auto exclusively learnt Ferrari plans to bring the Luce to India, potentially reshaping the country's premium luxury EV segment dominated by Mercedes and BMW.
Why this matters
Follows recent Ferrari India price cuts of up to 30% after the EU FTA slashed import duty from 110% to 30%, with further reductions of up to ₹3 crore expected. Luce EV expands the marque's India play beyond ICE GTs.
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