Ferrari, known for its high- performance red sports cars, formally joined the car industry's move toward electrification yesterday when it unveiled its first hybrid car, an experimental or “concept” model painted bright green.
Ferrari said that the technology of its HY-KERS experimental vehicle, developed by its racing division, could reduce its cars' emissions by 35 per cent.
The brand, owned by Fiat, said it planned to begin introducing hybrid versions of all of its road cars within three to four years.
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