Ferrari has unveiled its first electric vehicle, the Luce, in Maranello. But in the back rooms of Whitehall, the real race has already begun. British automakers are watching with a mix of admiration and cold dread.
The Luce is not just a car. It is a signal. China’s EV giants have dominated the mass market.
Now Ferrari is coming for their high-end lunch. Downing Street knows the stakes. The UK’s automotive sector is teetering.
Exports to China have slumped. The Treasury is sweating. No one in the Lobby believes the government has a serious plan.
The Luce launch was glossy. The subtext was brutal. The message?
If Ferrari is scared of Chinese EVs, everyone else should be terrified. Meanwhile, No 10 briefs patience. The Lobby briefs panic.
Watch for a backbench revolt on EV tariffs. It is coming.
