Maserati plans to go fully electric by 2025

The Italian automaker will debut its first BEV, the 1,200 HP GranTurismo Folgore, in 2023.

"Beverly Hills, USA - October 21, 2012: A Maserati parked on the streets of Beverly Hills with palm trees and sky" (ianmcdonnell via Getty Images)

Maserati announced on Thursday that it will offer electric versions of its entire vehicle lineup by 2025 and is starting its efforts off with the GranTurismo EV, a 1,200 HP roadster slated for release next year.

Maseratti GranTurismo Folgore

The GranTurismo “Folgore” will be the first entry into Maserati's new line of electric vehicles. Its thousand-plus horses will translate into a limitered top speed of 190 MPH and a sub-3-second 0-60. It will be joined by an electrified version of the new Grecale SUV and Grancabrio GT in 2023 followed by EV variants of the MC20, the Quattroporte and the Levante SUV by 2025. The company also announced its intention to halt production of internal combustion vehicles and go fully electric by 2030.

The company, a subsidiary of the Stellantis Group, did not elaborate on the expected MSRPs for the upcoming vehicles, but given Maserati's current offerings, interested buyers will likely be looking to pay anywhere from the high five-figures to the mid-sixes.