Ferrari has managed to create great excitement with its first electric car. The mysterious vehicle, which was caught on cameras while being tested in Italy recently, has further increased the curiosity of car enthusiasts. So when will the electric car, which is expected to cost around 500 thousand dollars, be released?

What does the first Ferrari EV look like?

The vehicle tested as a prototype looks like a facelifted version of the Levante SUV. But some details suggest that this is no ordinary Levante. The prototype has the styling of a lowered coupe-crossover, with wide wheels and plastic fenders.

There are important clues pointing to the fact that the prototype is electrified, even if the cladding on the prototype is temporary. For example, the decorative quad exhaust outlets and yellow lightning bolt decals draw attention to the electric motor. The closed front grille also reveals that there is no need for a cooling intake.

Ferrari’s first electric vehicle was spotted alongside a Maserati Purosangue SUV prototype during testing. This revealed similarities in size and engineering. It strengthens the possibility that Ferrari could utilize the Purosangue platform for the electric motor.

Ferrari has yet to share the official design of the electric vehicle. So different options such as a supercar, grand tourer or sports car are still on the table. But expectations are that the vehicle will come with a multi-motor setup.

Sources indicate that Ferrari’s first electric vehicle will be launched in 2025 and will carry a price tag of 500 thousand dollars.