Ferrari Electric Car: The Reality and What to Buy Now

Straight up: Ferrari has confirmed its first fully electric car, the Ferrari Elettrica, but it isn't on sale in Australia yet, pricing hasn't landed here, and when it does it'll be a six-figure exotic that has nothing to do with what most people are actually shopping for. So if you searched "Ferrari electric car" hoping to find one in a showroom near you with a real driveaway price, the honest answer is you can't, not today. What I can do is tell you what's real about the Ferrari EV, and then point you at the electric cars you can genuinely buy and drive home in Australia right now, because that's what CarSorted's data actually covers.

Let me be clear about why there's no Ferrari EV in our database. We track cars that are on sale in Australia with confirmed local pricing. The Ferrari Elettrica has been revealed as a concept and technology package, but Australian pricing, specs and availability are not locked in. Anything you read quoting a firm Aussie price or range figure for it is guessing. When it lands, it'll cost more than a house in most regional towns. That's the segment Ferrari plays in, and fair enough, that's their thing.

So this page does two jobs. First, the reality check on the Ferrari electric car. Second, and more useful for 99% of people, a proper look at the electric cars you can buy in Australia now, whether you want something quick and fun, something practical, or just the cheapest way into an EV.

The Ferrari electric car: what's actually confirmed

Ferrari has committed to building fully electric models. The first one is real and in development. What we don't have is Australian delivery timing, local pricing, or verified range and power figures for our market. Until Ferrari Australia confirms those, I'm not going to put numbers on this page, because inventing specs is exactly what we don't do here.

What you can safely assume: it'll be expensive, it'll be limited in volume, and it won't be cross-shopped against anything in the mainstream EV market. If you're a Ferrari buyer, you already have a relationship with a dealer and you'll hear about it directly. For everyone else, the interesting question is what fast, fun or just plain sensible electric cars are on sale today.

If you want fun and quick, not exotic money

You don't need Ferrari money to get an EV that's genuinely enjoyable to drive. Instant torque is one of the best things about electric cars, and even affordable ones feel punchy off the line.

• MG MG4 Excite 64 at $41,990 before on-road costs. This is the pick if you want a fun EV. It's rear-wheel drive, makes 150kW, and does a claimed 450km of range. RWD in this price bracket is rare, and the MG4 is the one that actually feels sorted to drive. ANCAP 5 rated too.
• MG MG4 Excite 51 at $37,990 before on-road costs. Same rear-drive layout, 125kW, 350km range. A cheaper way into the fun MG4 if you don't need the bigger battery.
• GWM ORA GT at $34,990 before on-road costs. The GT trim leans into the sporty look, 126kW, 347km range, ANCAP 5. It's front-wheel drive so it's more about style than outright chassis feel, but it's a characterful little thing.
• Chery E5 Ultimate at $35,150 before on-road costs. 155kW makes it one of the punchier options in this price band, 430km range, ANCAP 5, and it's an SUV body so you get more practicality with the pace.

None of these are Ferraris. But the honest truth about EVs is that the driving-fun gap between a $40k electric hatch and something far more expensive is smaller than the gap between a $40k and $150k petrol car. Instant torque is a great equaliser.

The cheapest way into an electric car in Australia

If the real goal was just "get into an EV," here's where the value sits.

• BYD Atto 1 Essential at $23,990 before on-road costs. This is the cheapest EV in our data. It's a four-seat hatch, 65kW, 220km range, ANCAP 5. Range is modest, so this is a city and suburbs car, but as a cheap first EV it does the job.
• BYD Atto 1 Premium at $27,990 before on-road costs. Step up to 115kW and 310km range, still four seats. The extra range makes it a lot more usable for the money.
• BYD Dolphin Essential at $29,990 before on-road costs. Under $30k, five seats, 70kW, and 340km of range. That range figure is genuinely good for the price and this is one of the smartest budget buys going.
• GWM ORA Lux at $31,990 before on-road costs. 126kW, 347km range, ANCAP 5, five seats, retro-cool styling. A lot of car for the money.
• GAC Aion UT Premium at $31,990 before on-road costs. 150kW and 430km range at that price is strong on paper. GAC is newer to Australia, so factor in the smaller dealer and service network.

Practical family electric SUVs

Most people who search for EVs end up in an SUV, so here are the ones with room, range and sensible pricing.

• Geely EX5 Complete at $41,990 before on-road costs. 475km of range, 160kW, five seats, ANCAP 5. That's the longest range for the money here, which makes it a standout family pick.
• GAC Aion V Premium at $42,590 before on-road costs, or the Luxury at $44,590. Both do 510km range, the longest in this whole list, with 150kW and ANCAP 5. If range anxiety is your thing, these two answer it.
• BYD Atto 3 Premium at $44,990 before on-road costs. 150kW, 420km range, ANCAP 5, and it tows 750kg. BYD's dealer and service footprint in Australia is now one of the better-established among the newer brands, which counts for something.
• Leapmotor B10 Design LR BEV at $40,888 before on-road costs. Rear-wheel drive, 160kW, 434km range, ANCAP 5. A well-priced RWD SUV with decent range.
• Jaecoo J5 EV Summit at $36,990 before on-road costs. This one tows 1,250kg, the best towing figure in the list, plus 155kW and 402km range. If you need to pull a small trailer, it's the standout.

How to actually choose

Forget the Ferrari fantasy for a second and think about what an EV needs to do for you day to day. Three things matter most, and they're not the badge.

Range versus what you drive. Be honest about your typical week. If you're doing city and suburban runs and you charge at home, even 300km-ish cars like the BYD Dolphin Essential or GWM ORA Lux are plenty, and you'll save a lot of money buying the smaller battery. If you regularly do longer country trips, spend up for the 475 to 510km cars like the Geely EX5 or GAC Aion V. Don't pay for range you'll never use.

Home charging is the real cost story. The biggest running-cost advantage of an EV comes from charging at home overnight, ideally off solar or an off-peak tariff. That's where the savings versus petrol actually stack up. If you can't charge at home and you're relying on public DC chargers, run the numbers first, because the value equation changes and a cheap EV can lose some of its shine.

Brand support and resale. A lot of these cars are from newer brands. BYD, MG and GWM now have reasonable dealer and service coverage in Australia. GAC, Geely, Leapmotor and Jaecoo are earlier in their run, so check where your nearest service centre is before you buy, and go in with clear eyes about resale on brands that are still establishing themselves here. That's not a reason to avoid them, just a reason to buy on price rather than assuming strong future value.

FWD, RWD and the fun factor. If you actually care about driving, the rear-wheel drive MG MG4 Excite 64 is the enthusiast's pick in this list at a real-world price. It won't feel like a Ferrari, nothing at this money does, but it's the closest thing to a genuinely fun affordable EV on sale here.

The bottom line: there's no Ferrari electric car you can buy in Australia today, and when there is, it won't be shopped against anything on this page. But the EV market underneath it is deep, competitive and cheaper than it's ever been. If your real question was "which electric car should I actually buy," start with range honesty and home charging, then pick the body style and price that fits. That'll get you a far better outcome than chasing a badge that isn't even here yet.