The first fully electric model from Ferrari is set to debut in 2025, but the company remains tight-lipped about its design and market positioning. However, fresh spy shots from Maranello reveal what appears to be an early mule for the upcoming EV, featuring provisional components sourced from both Ferrari and Maserati models. It’s a classic move for early-stage testing—disguising new powertrains and chassis under a modified shell to keep the final design under wraps and the rumor mill churning. The mule resembles a coupe-crossover turned into a giant sporty hatchback, combining the five-door bodywork of a Maserati Levante SUV with oversized wheels and a lowered suspension. While the use of the Levante body hints Ferrari might be experimenting with a SUV-like platform, the aggressive, lowered stance suggests they’re aiming for something far more performance-driven—whether that’s an extreme crossover or an all-out supercar.

Many exterior styling elements are irrelevant, but for what it’s worth, the LED headlights look like they’ve been lifted straight from the Ferrari Roma, while the custom front bumper sports BMW M2-style intakes. Still, several intriguing details catch the eye. The quad tailpipes look purely decorative, pointing to a fully electric powertrain. Further fueling the electric speculation are the vibrant yellow thunderbolt decals flanking the body and a completely blocked front grille, a telltale sign of an EV that doesn’t require traditional air intake for cooling a combustion engine.


The large-diameter wheels, wrapped in Pirelli tires, necessitated modifications to the Maserati’s wheel arches. Plastic extensions were added to accommodate the wider track width suggesting a performance-oriented all-wheel-drive system, likely powered by a dual or even tri-motor setup to maintain Ferrari’s reputation for agility and power. 

The pairing with the Purosangue is particularly interesting, potentially hinting at some shared technology or design philosophy, especially in chassis engineering to manage the dynamics of a heavier electric vehicle. As with most early mules, this Ferrari doesn’t reveal much about the final design. Still, it hints at the possible size, giving us clues about the expected wheelbase and track width. Ferrari remains tight-lipped about the bodystyle and specifications of its first EV, leaving the door open to anything—a roadster, supercar, grand tourer, or even a Purosangue-style crossover, maybe with just two doors. At this point, your guess is as good as ours. An unnamed source with internal knowledge of the matter recently revealed that the EV will cost over € 500,000 (US$ 535,000), effectively making it a niche offering. The same source suggested that a second EV is already in the early stages of development, although its launch date is not near.

Hopefully, Ferrari will soon move from testing mules to actual prototypes of the EV fitted with its final production body, giving us a better sense of its design and presence. Whenever it emerges, it’s poised to be as polarizing as the Purosangue, but there’s no doubt it will be one of the most talked-about electric cars around.