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What you need to know before registering a company in the UAE
Company Registration
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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Ferrari Luce Debuts in Middle East
Ferrari is launching its first fully electric vehicle, the Luce, in the Middle East, targeting the GCC market. The region's shorter commutes and younger, tech-savvy population make it an ideal market for electric supercars.
## Appeal to Younger Drivers
Giorgio Turri, Managing Director of Ferrari Middle East, highlights the region's youthful demographic, with a median age of around 30, as a key factor in the Luce's potential success. The Middle East's rapid adoption of new technologies aligns well with the innovative features of the Luce.
## Addressing Range Concerns
In the GCC, cars are primarily used for short to medium distances, reducing the common concern of range anxiety associated with electric vehicles. This makes the Luce an attractive option for local buyers.
## Not a Shift from Traditional Engines
Ferrari emphasizes that the Luce is not a move away from internal combustion engines but an additional option. The car combines a fully electric powertrain with Ferrari's signature performance and luxury.
## Unique Market Position
The Luce is designed to occupy a unique space in the electric car market, offering more than 1,000 horsepower with advanced features like active suspension and four-wheel steering. It aims to attract both existing Ferrari enthusiasts and new customers seeking a blend of performance and versatility.
## Authentic Driving Experience
Ferrari has focused on delivering an authentic driving experience with the Luce, capturing the genuine sound of the electric motor rather than mimicking traditional engine noises. This approach is intended to enhance the driving emotions associated with the brand.
## Beyond Sales Numbers
Success for the Luce will be measured not just by sales but also by customer satisfaction and appreciation throughout the ownership journey.
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