Maserati has officially scrapped plans for the MC20 Folgore, an all-electric supercar that had been in development for the past five years. Initially announced in 2020, the MC20 Folgore was expected to debut in 2025 as part of the luxury automakerโs transition toward an all-electric lineup. However, citing weak market demand, Maserati has decided to discontinue the project.
The MC20 Folgore was designed to be a high-performance EV, featuring three electric motors capable of delivering 700 horsepower. It was intended to be the crown jewel of Maseratiโs electric transformation, alongside models like the GranTurismo Folgore, Grecale Folgore, and GranCabrio Folgore. The company had previously emphasized that these models would define its future in the electric vehicle market, aiming for full electrification by 2030.
Despite these ambitions, Maserati revealed in a statement to Car and Driver that the decision to cancel the MC20 Folgore stemmed from customer preferences. The brandโs research indicated that supercar buyers remain strongly inclined toward traditional internal combustion engines and are not yet ready to transition to battery-powered vehicles.
Instead of pushing forward with the electric supercar, Maserati will now focus on refreshing its internal combustion engine MC20. The current model is powered by a 3.0-liter V-6 engine that produces 621 horsepower, and upcoming updates may see a slight performance boost. Reports suggest that Maserati engineers have already managed to extract an additional 10 horsepower in a GT2 Stradale version.
The cancellation of the MC20 Folgore raises concerns about Maseratiโs broader electrification strategy. The brand had previously committed to electrifying its entire lineupโeither through hybrid or fully electric modelsโby 2028. However, this decision casts doubt on the feasibility of that timeline. It also signals potential setbacks for other electric models, such as the planned electric version of the Levante SUV.
Further complicating Maseratiโs situation is the recent $1.6 billion write-off by its parent company, Stellantis. A significant portion of this investment was dedicated to EV development, and sluggish sales in China have only added to Maseratiโs financial challenges. While the automaker remains committed to an electric future, it appears that the journey may be more complex and uncertain than initially anticipated.
