Ferrari has launched its first all-electric vehicle, the four-door 'Luce', after five years of development. Despite its advanced performance, the launch enters a difficult market where other automakers have scaled back EV ambitions.

It's a major milestone for the luxury automobile industry, as Ferrari unveils its first fully electric car. The company introduced the Luce - Italian for "light". While its all-electric powertrain will take it from zero to 100 even faster than Ferrari's petrol-powered offerings, the four-door Luce has room for a family of five. It's the culmination of five years of development at the iconic Italian sportscar giant - but a potentially risky bet, as other luxury and mass-market carmakers have had ...