Ferrari Wants To Charge Owners With $7,500 Yearly Battery Fee

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Ferrari Wants To Charge Owners With $7,500 Yearly Battery Fee
Electric VehiclesFerrariFerrari 296
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Owners who cough up for the battery subscription will get a new battery every eight years

Ferrari offers $7,500 annual battery subscription for extended warranty and potential replacements. Subscription aims to boost revenue and ease customer concerns about battery life in hybrids, EVs. Ferrari hopes the plan incentivizes wealthy buyers to switch to electrified models. Ferrari believes their clients are wealthy enough that it can offer a €7,000 annual battery subscription.

Read: Ferrari’s First EV Spied Testing In Maranello With Maserati Guts? When owners opt for the annual battery subscription, a second battery pack replacement will automatically be scheduled for when the vehicle celebrates its 16th birthday, Bloomberg reports. As standard, new Ferrari models come with a standard three-year warranty, which is quite poor considering how expensive the brand’s models are.

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