Ferrari is preparing to enter the EV wars but its inaugural model will command a hefty price tag with a new report revealing that it will start at over $500,000.

Ferrari is preparing to enter the EV wars but its inaugural model will command a hefty price tag with a new report revealing that it will start at over $500,000.
The Ferrari 812’s replacement retains V-12 power without the aid of or turbocharging or hybrid technology. As expected, Ferrari revealed the Ferrari 12Cilindri Friday in Maranello. Offered as a Coupe or Spider, the 12Cilindri models replace the Ferrari 812, and is...