- Ferrari's first EV debuts in late 2025
- Ferrari's first EV will likely be a sleek SUV
- A price tag of more than $550,000 is expected for Ferrari's first EV
Ferrari is working on an electric vehicle that is set to debut in late 2025, and a test mule has been spotted.
A test mule is an early-stage prototype where engineers use a makeshift body, often taken from an existing vehicle, to house the mechanical package of the vehicle being developed.
In the case of Ferrari's EV, engineers used the body of a Maserati Levante for the test mule. The headlights are taken from Ferrari's Roma coupe, while the exhaust tips are dummy units to fool onlookers. The odd-looking wheels are thought to be an aerodynamic design that may make it to production.
Although the test mule doesn't reveal much about the look of Ferrari's EV, the use of a Levante body suggests the EV will be an SUV—something that fits with rumors. The Levante body was also used for test mules during development of Ferrari's Purosangue SUV, and a Purosangue was seen together with the EV test mule.
2026 Ferrari electric vehicle test mule spy shots - Photo via Baldauf
Ferrari hasn't revealed any details about its EV, apart from the late 2025 reveal date, plus confirmation that production will start in early 2026, at the new E-Building located at Ferrari's Maranello headquarters.
Ferrari patents for EV technology have surfaced over the years, including a recent one for a 3-motor powertrain with various methods for crafting an emotional sound—one of the biggest selling points of Ferrari's gas-powered range.
As it does with its gas powertrains, Ferrari plans to develop its own electric motors, inverters, and batteries, and will target industry-leading figures for weight and power density. The automaker will work with partners in some areas, particularly when it comes to advanced battery technology, such as solid-state batteries, which Ferrari has previously said it is exploring.
The price tag is rumored to start above 500,000 euros (approximately $554,000). To alleviate concerns of a faulty battery after the new car warranty expires, Ferrari may offer an extended warranty program that includes scheduled replacements for the battery, similar to what it does with its plug-in hybrids.
