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One horsepower per kilo is the Ferrari hybrid rule.
This 599 HY-KERS hybrid has the rule applied. In other words, whatever any hybrid system costs in weight is offset by a corresponding power upgrade. Whew, so it won't be slow, then. Good.
It's mildly surprising that this car exists, but Ferrari is no different to other car manufacturers in that it has to be Seen To Be Doing Something in environmental terms, despite the fact that such a small-volume manufacturer contributes relatively little to global warming. In fact, you could argue that The Car in general contributes little, but we'll leave that alone for now. Ferrari has to play the game.