Ferrari N.V. (RACE)
After hours:
- Reuters
Ferrari installs 1MW fuel cell plant to speed up carbon neutrality
Italy's Ferrari said on Thursday a new fuel cell plant had been recently installed at its historic headquarters facilities in Maranello, in a further step by the luxury car maker to becoming carbon neutral by 2030. The new 1 MegaWatt solid oxide plant, which converts fuel into electricity through an electrochemical process without combustion, provides 5% of the energy required by Ferrari's production operations, the group said in a statement. The plant, which was built by renewable energy firm Bloom Energy, will cut fuel consumption and emissions, with gas requirements lowered by around 20% compared to combined heat and power cogeneration systems, Ferrari said.
- Simply Wall St.
Is It Too Late To Consider Buying Ferrari N.V. (NYSE:RACE)?
Let's talk about the popular Ferrari N.V. ( NYSE:RACE ). The company's shares saw significant share price movement...
