Ferrari CEO: Company to Continue Developing Gasoline, Hybrid, and Pure Electric Vehicles Luxury sports car manufacturer Ferrari's CEO Benedetto Vigna stated at the company's annual shareholders' meeting on Wednesday that the company will continue to develop gasoline, hybrid, and all-electric vehicles. Vigna said, "We will continue to invest in these three powertrains - internal combustion, hybrid, and all-electric - to provide our customers with the greatest freedom of choice." Ferrari, globally renowned for its gasoline engines, began selling hybrid models in 2019 and will launch its first all-electric model in October.