As the number of EVs on the market grows, Ferrari remains a late adopter. The Italian luxury automaker recognizes that EV technology, in its current form, is not compatible with the brand's ethos of intricate, lightweight designs. A world where a fully electric Ferrari exists without compromising on the essential elements that make up Ferrari's DNA is still a ways off; the brand is already investing in the future with plans to integrate handcrafted battery modules into the chassis of its electric cars. Until then, advancements are taking place in smaller engines combined with hybrid technology.