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Ferrari says going electric means ‘even more unique’ cars

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Electric and hybrid models should make up 80% of Ferrari’s (RACE.MI) sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce “even more unique” cars as it leans on partners to make the costly shift to zero-emission driving.

“Everything we do will always focus on being distinctively Ferrari,” chairman John Elkann said as the company unveiled its new business plan. Electrification “will allow us to make even more unique cars.”

To reduce investments, Ferrari will use suppliers for components or software that are not crucial, such as an operating system, Chief Executive Benedetto Vigna said.

Like other sports carmakers, Ferrari’s challenge goes beyond just investing in electric models to deliver high performance – today’s electric vehicle (EV) batteries cannot match combustion engine sports cars’ sustained power.

Like its rivals, Ferrari also sells an emotional experience to wealthy customers centred on the throaty roar of its powerful engines. As it goes electric, Ferrari must ensure its high-net worth customers and investors are along for the ride.

Standing out in the multitude of EVs coming to market that can all accelerate quickly could be tough for the Italian carmaker, whose cars start at around 210,000 euros ($219,282.00).

In the meantime, Ferrari will unveil its first ever sport-utility vehicle – powered by its gas-guzzling trademark 12-cylinder engine – this September.

Vigna confirmed Ferrari will launch its first electric model in 2025, one of 15 new models between 2023 and 2026.

Ferrari expects fully-electric cars will make up 5% of sales in 2025 and 40% in 2030. Hybrid models should rise to 55% of sales in 2025 from 20% in 2021, before dropping to 40% in 2030.

Vigna said Ferrari would develop its own electric motors, inverters and battery modules on a new assembly line at its plant in Maranello, Italy, while outsourcing non-core components.

To save money Ferrari will not develop an operating system for EVs. In contrast, other automakers, including Tesla (TSLA.O) and Mercedes (MBGn.DE), say proprietary operating systems to run cars, manage wireless upgrades and collect data on driver habits and preferences are crucial.

“I will never build a Ferrari operating system, I would be foolish,” Vigna told investors. “You have to focus on the areas where you can be the best.”

Ferrari is working with four partners in Europe and Asia on battery components to research the next generation of high energy density solid state batteries.

Ferrari said it will invest 4.4 billion euros by 2026, while delivering core earnings of 2.5-2.7 billion euros by that year. Ferrari’s current guidance for 2022 is for adjusted core earnings of 1.65-1.70 billion euros.

The carmaker expects cumulated free cash flow of 4.6-4.9 billion euros from 2022 to 2026.

In a client note Kepler Cheuvreux analyst Thomas Besson said Ferrari’s financial forecasts sent a “clear bullish signal,” yet noted executives avoided questions about production volumes.

“But the direction is clear,” Besson wrote. “Electrification is required but will not change the DNA of the company and its products.”

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Meta turns off Instagram’s private messaging encryption worldwide

Meta said the decision was based on low user adoption, though critics argue optional privacy tools often see limited use because users must manually activate them.

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Instagram has disabled its end-to-end encrypted (E2EE) direct messaging feature worldwide, marking a major reversal by parent company Meta on its previous commitment to stronger user privacy protections.

The move means Instagram users can no longer send ultra-private direct messages protected by E2EE — a security system that allows only the sender and recipient to read messages. Without the feature, Instagram can technically access the content of direct messages, including photos, videos and voice notes.

Meta had previously promoted encryption as “the future is private.” In 2019, CEO Mark Zuckerberg pledged to expand the technology across the company’s platforms.

Facebook Messenger adopted E2EE in 2023, while Instagram introduced it as an optional feature with plans to make it standard.

However, Meta has now abandoned the wider Instagram rollout and updated the app’s terms in March to confirm encrypted messaging would no longer be supported after 8 May 2026.

Meta said the decision was based on low user adoption, though critics argue optional privacy tools often see limited use because users must manually activate them.

The move has divided opinion. Child protection groups, including the NSPCC, welcomed the change, saying encryption can make it harder to detect child grooming and abuse online.

Privacy advocates criticised the decision. Maya Thomas of Big Brother Watch warned the move weakens online privacy protections and could increase pressure on other social media companies to scale back encryption.

End-to-end encryption remains standard on platforms including WhatsApp, Signal, Apple’s iMessage and Google Messages, while other platforms continue to take mixed approaches to private messaging.

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James Webb Telescope captures clearest-ever view of exoplanet’s surface

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Astronomers using NASA’s James Webb Space Telescope have obtained the clearest view yet of the surface of a rocky exoplanet, revealing a scorched, atmosphere-free world that scientists say resembles a giant version of Mercury.

The planet, known as LHS 3844 b and nicknamed “Kua’kua,” appears to be a barren, uninhabitable world with extreme temperature swings and no detectable atmosphere, according to a study published this week in Nature Astronomy.

Researchers said the planet’s surface is likely covered in dark volcanic rock and ancient regolith — loose rocky debris formed over billions of years from relentless bombardment by radiation and micrometeorite impacts.

“This planet is not a nice place,” said astronomer Laura Kreidberg, senior author of the study. “It’s a hellish, barren rock — much more similar to Mercury than Earth.”

Located about 49 light-years away, LHS 3844 b orbits a small red dwarf star and completes a full orbit every 11 hours. The planet is tidally locked, meaning one side permanently faces its star while the other remains in darkness — similar to how the Moon always shows the same face to Earth.

Scientists found the planet’s dayside reaches roughly 1,340 degrees Fahrenheit (725 degrees Celsius), while the nightside showed almost no detectable heat.

Using Webb’s infrared instruments, researchers were able to directly analyze light coming from the planet’s surface — a major breakthrough for exoplanet science.

“Different rocks have different spectral fingerprints,” said lead author Sebastian Zieba. “Dark volcanic rocks like basalt matched our observations much better than brighter rocks like granite.”

The findings mark a new phase in exoplanet research, shifting beyond atmospheric studies toward direct analysis of alien geology and surface composition.

Since becoming operational in 2022, the Webb telescope has transformed scientists’ understanding of planets beyond the solar system, helping identify atmospheric chemistry, weather patterns and now even the nature of distant planetary surfaces.

Researchers said the absence of an atmosphere on LHS 3844 b means there is little protection from stellar radiation and virtually no possibility of liquid water — a key ingredient for life.

“So overall, this is almost certainly not a habitable world,” Zieba said.

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Afghanistan launches first 5G trial in Kabul to boost telecom services

According to ministry spokesperson Enayatullah Alokozai, AWCC has upgraded 74 telecom antennas in Kabul to 5G on a trial basis.

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Afghanistan has launched its first-ever 5G telecommunications trial in Kabul, marking a major milestone in efforts to modernise the country’s digital infrastructure.

The announcement followed a meeting between Hamdullah Nomani, Minister of Communications and Information Technology, and Aliullah Sarwari, head of the Afghan Wireless Communication Company (AWCC), where discussions focused on expanding telecom coverage, improving service quality, and extending connectivity to remote regions.

According to ministry spokesperson Enayatullah Alokozai, AWCC has upgraded 74 telecom antennas in Kabul to 5G on a trial basis. Once technical preparations and testing are completed, the company plans to extend 5G services to other provinces.

Officials also reported steady progress on broader infrastructure development. Eight telecom sites approved during previous official visits to northern and southeastern provinces have been completed, one is nearing completion, and construction continues on two additional sites expected to become operational soon.

In parallel, the Afghanistan Telecom Regulatory Authority (ATRA) has approved eight more telecom sites under the Telecom Development Fund (TDF), with implementation scheduled in the coming months.

Sarwari noted that since the beginning of 2026, AWCC has built and activated 46 telecom sites using its development budget, while work continues on a further 186 sites nationwide.

He also thanked the Ministry of Communications and Information Technology for its ongoing support in facilitating sector growth and improving service delivery.

Nomani meanwhile emphasised that telecommunications play a crucial role in national development and said the government remains committed to working closely with operators to expand modern, high-quality digital services.

Officials added that cooperation between the ministry, regulators, and telecom companies will continue across all operational and regulatory areas to strengthen Afghanistan’s communications network.

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