Ferrari has unveiled the Luce, its first fully electric supercar designed in partnership with Sir Jony Ive and the LoveFrom design house.

This launch represents a pivotal shift for the Italian automaker as it transitions toward electric mobility. The partnership with Ive, the former Apple design chief, aims to establish a high-tech flagship EV that redefines the brand's aesthetic for a new era.

The Luce features a distinct glass-house body and an interior designed by Ive and Marc Newson. Under the hood, the vehicle is powered by a quad-motor system delivering 1,050 cv [1]. This move comes after the company committed to building an EV last year, reversing earlier statements that such a vehicle would never be produced.

Public and market reactions to the bold design have been polarized. While some observers expressed intrigue regarding the futuristic interior, other reports indicate that many people dislike the aesthetic. This backlash had an immediate financial impact, with reports stating the company's market value dropped by $5 billion in a single day [2].

Despite the volatility, the Luce is positioned as an ultra-exclusive model. Industry analysts said that the vast majority of drivers will never own, drive, or even sit inside the vehicle due to its limited production and high price point.

Ferrari has unveiled the Luce, its first fully electric supercar.

The launch of the Luce is a high-stakes gamble for Ferrari, testing whether the brand's prestige can survive a radical departure from traditional combustion-engine aesthetics. By partnering with Jony Ive, Ferrari is attempting to pivot from automotive tradition to tech-forward luxury, but the immediate market reaction suggests a tension between the company's heritage and its electric future.