MARANELLO, Italy (Reuters) -Ferrari will keep petrol and hybrid models at the heart of its lineup in coming years, with fully electric vehicles (EVs) making up just 20% of its range by 2030, the luxury sportscar maker said on Thursday.

The company presented the technological blueprint for its first EV, the Ferrari Elettrica — a milestone in its history — but also shifted to a more cautious approach to electrification, “based on our client centricity approach, the current environment and its expected evolution”.

Ferrari now aims for a 2030 lineup made up of 40% internal combustion engine (ICE) models and 40% hybrids. This marks a shift from its 2022 plan, which had targeted 40% EVs, 40% hybrids and 20% ICE models in 2030.

Unveiling its new long-term business plan at its Maranello headqua

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