Ferrari launches battery replacement scheme to preserve performance, value of its cars
Luxury sports car maker Ferrari on Monday announced two new warranty extension schemes allowing owners of its hybrid models to have the batteries of their vehicles replaced at given times. The move aims to help owners preserve the resale value of their Ferraris as batteries, which tend to lose efficiency over time, become central to the value of electrified cars. As part of its new Warranty Extension Hybrid and Power Hybrid programs Ferrari will replace the high-voltage battery packs (HVB) of the cars covered in their eighth and 16th year of life, the company said in a statement.
Reuters•
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