Ferrari has already made cars with hybrid powertrains, but during its Annual General Meeting this week, acting CEO John Elkann told investors in prepared remarks (PDF) that the carmaker will unveil "the first all-electric Ferrari" in 2025. Hopefully that plan will hold even after the company confirms a new CEO -- over the past decade execs have said Ferrari will never build an EV, will be the first with an electric supercar, or that an electric Ferrari will not arrive until after 2025. We are continuing to execute our electrification strategy in a highly disciplined way. And our interpretation and application of these technologies both in motor sport and in road cars is a huge opportunity to bring the uniqueness and passion of Ferrari to new generations. As you would expect, we have started by setting the bar high.