After the recent announcement from Lamborghini that they will start developing hybrid technology, Ferrari is now rumoured to be heading in a similar direction. In a recent interview, Ferrari CEO Amedeo Felisa hinted towards the fact that a Ferrari hybrid concept is in the works. Felisa said that in order for the company to comply with the 2014 European emissions standards, Ferrari will need to develop new technologies away from its current engine line-up.

Apart from the Ferrari hybrid concept vehicle, the company is also exploring turbocharging and using bio-fuel (E85). Felisa said the ECU of the new Ferrari California is already capable of running on E85.

Felisa went on to say the Ferrari hybrid concept will have its debut shortly, at one of the upcoming North American car shows.