Ferrari has long stood as a bastion of combustion-fuelled thrills, but even Maranello can’t ignore the pull of the electric revolution. In 2026, Ferrari will launch its first all-electric vehicle, and while the name remains under wraps, one thing’s for sure it promises to drive like a Ferrari, through and through.

Despite Ferrari’s undying commitment to internal combustion engines, they’ve made it clear they won’t lag behind in the EV race. Their first EV, set to be revealed late in 2025 and hitting the market in 2026, isn’t just a distant concept there are prototypes already clocking serious kilometres. Spy shots have captured these test mules, disguised in Maserati Levante bodywork, pounding the pavement, hinting at the EV’s size, which seems to sit in the grand tourer territory.

Ferrari CEO Benedetto Vigna has been tight-lipped about specifics but assures us that this EV will be crafted “the Ferrari way,” designed to thrill like every Prancing Horse before it. For the brand’s discerning clientele, who’ve been hesitant to embrace electrification, that assurance is critical to keeping the Ferrari flame burning in the electric age.

Ferrari’s approach? Full control. They’ve built a new facility on the north side of their Maranello complex, which will house the production of not just EVs but also hybrid and combustion-only models on the same assembly line. This gives Ferrari full command over every detail, from the motors and transaxles to the inverters and batteries. And yes, they’ve designed it with the future in mind planning to offer restoration and service for classic Ferrari EVs the same way they do for their legendary combustion models.

When it comes to batteries, Ferrari’s taking no shortcuts. While the cells will come from an external supplier, the company is steering clear of the less potent lithium iron phosphate (LFP) chemistry many manufacturers are using. Vigna has promised that Ferrari’s batteries will boast a 10% improvement in power density each year, ensuring they remain at the cutting edge of performance technology.

As for the sound? Ferrari’s not going silent. Vigna has confirmed that while electric motors naturally produce sound, Ferrari has no intention of faking it with artificial noise unlike some other manufacturers. Instead, expect something akin to Porsche’s approach, where the sound of the motors is enhanced but remains authentic.

Ferrari’s no stranger to electrification, either. The marque has been refining its expertise with hybrid systems since Formula 1 introduced the Kinetic Energy Recovery System (KERS) in 2009. That experience has paid off, as Ferrari’s latest hybrid race car recently took victory at the 24 Hours of Le Mans for the second year running.

What will it cost to own this piece of Ferrari history? While rumours suggest a starting price of around $550,000, Ferrari hasn’t confirmed that figure. Vigna has called the speculation “surprising” but didn’t entirely dismiss it, hinting that pricing decisions won’t be finalised until just before production begins. One thing’s for certain, though: Ferrari will be leaning even harder into customisation, allowing owners to tailor their EVs in ways that can significantly push up the price tag.

In terms of sales, Ferrari is keeping its cards close to its chest. However, in a 2022 shareholder meeting, the company projected that its first EV would account for 5% of total sales in its debut year, with a full 40% of sales expected to be electric by 2030. And while details on a second Ferrari EV are scant, reports suggest it’s already in development.

This isn’t just a leap into the unknown for Ferrari it’s a carefully calculated evolution. If the Prancing Horse’s past innovations are anything to go by, the future of electric Ferrari looks fast, thrilling, and unmistakably Ferrari.