FT Blog: Ferrari’s first EV sparks investor and social media backlash
Financial Times article
Ferrari’s first EV sparks investor and social media backlash
This blog is based on the article published by the Financial Times on May 26 2026
https://www.ft.com/content/17939c73-e747-4c95-a234-22ae966eb30c?syn-25a6b1a6=1
This article is part of the Financial Times free schools access programme. Details/registration here.
Questions
a. Explain two factors that might affect the demand for Ferraris in the luxury car market. [4]
b. Using a cost/benefit diagram, explain why petrol and diesel vehicles can lead to market failure in the car market. [4]
c. Explain why the increase in the market for electric vehicles might reduce market failure in the car market. [4]
d. Explain two reasons why Ferrari buyers might be against the development of its first electric vehicle. [4]
e. Explain how the ‘investor and social media backlash’ might affect sustainability in the luxury car market. [4]
Total [20]