Ferrari NV (BIT:RACE) saw its stock edge lower on Thursday after unveiling its long-term 2030 Strategic Plan during its Capital Markets Day. Shares were down as much as 3% earlier in the session before paring losses to trade 1% lower by 08:30 GMT.

The luxury carmaker laid out an ambitious product roadmap, announcing its intention to roll out an average of four new models each year between 2026 and 2030. A highlight of the plan is the launch of the brand’s first fully electric vehicle, the Ferrari elettrica.

By the end of the decade, Ferrari expects its portfolio to be composed of 40% internal combustion engine vehicles, 40% hybrid models, and 20% fully electric cars — a clear signal of its “technology neutrality” approach while embracing electrification.

The plan also highlighted strong growth in Ferrari’s customer base, which has reached 90,000 active clients — a 20% jump compared to 2022. To enhance the customer experience, the company will open new Tailor Made centers in Tokyo and Los Angeles.

Ferrari Executive Chairman John Elkann stated, “With the new Ferrari elettrica, we once again affirm our will to progress by uniting the discipline of technology, the creativity of design and the craft of manufacturing.”

As part of its strategy, Ferrari stressed the importance of developing electric components in-house at its Maranello site, coupled with sustained investment in performance across all powertrains.

The company also set clear sustainability goals, pledging to cut its Scope 1 and 2 greenhouse gas emissions by at least 90% by 2030 compared with 2021 levels. Additionally, Scope 3 emissions will be reduced by at least 25% in absolute terms by 2030 versus 2024.

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