Maserati has canceled production of the all-electric MC20 Folgore supercar due to insufficient customer interest.
The Italian automaker confirmed the decision shortly after parent company Stellantis announced it was writing off a £1.2 billion investment in Maserati.
The electric MC20 was originally planned as part of Maserati’s lineup of six new EVs scheduled for release before 2026. It would have shared its powertrain with the GranTurismo and GranCabrio Folgore models, featuring a three-motor setup delivering all-wheel drive and significantly more power than the current 621bhp V6 version.
A Maserati spokesperson told EV Powered that market analysis revealed minimal demand for electric vehicles in the super sports car segment, prompting the cancellation.
The decision raises questions about Maserati’s previously announced goal to become fully electric by 2030. The brand recently discontinued its petrol-powered Ghibli, Quattroporte and Levante models, currently offering both combustion and electric versions of the GranTurismo, GranCabrio and Grecale.
When asked about future models, the spokesperson confirmed development continues on the new Levante and Quattroporte, scheduled for 2027 and 2028 respectively. However, they couldn’t specify whether these models would be pure EVs or offer combustion engine options.
The cancellation comes despite Maserati demonstrating its EV capabilities with the GranTurismo Folgore, which combines performance and driving enjoyment in an electric package.
The electric supercar market appears challenging for manufacturers. While some brands continue developing high-performance EVs, others like Aston Martin have delayed their electric plans, citing customer preference for traditional combustion engines.
