Meet the Ferrari Elettrica. Well, meet some of it.

Italian luxury car manufacturer Ferrari has unveiled the technology set to power its eagerly awaited first electric vehicle, the Elettrica. During an event at its Maranello headquarters, the carmaker showcased the chassis and powertrain of the upcoming EV, highlighting components such as its battery pack and motors. However, the actual car was not presented at the event.

Ferrari plans to launch the finished vehicle sometime next year, but has not yet given it an official name or decided on a body style. “Elettrica” is a provisional name, which might ultimately become permanent.

Various speculations suggest the EV might be a shooting brake, wagon, or a compact crossover, inspired by sightings of camouflaged prototypes in Italy. Ferrari did confirm some specifications of the EV, including a top speed of 193 mph, up to 1000 horsepower in boost mode, and a range of 329 miles according to the WLTP rating.

Unlike other electric sports cars that mimic engine sounds artificially, Ferrari intends to enhance the natural vibrations from its powertrain to generate a unique acoustic experience. This is achieved by placing an accelerometer under the inverter to detect motor vibrations, which are then processed through a unique algorithm outlined in Ferrari’s press documentation.

Car enthusiasts can look forward to additional features such as independent electric motors, rear-wheel steering, and an active suspension system that removes the need for an anti-roll bar. Sporting four doors and seating for more than four passengers, this new EV design aligns more with Ferrari’s Purosangue SUV than its other models. Significantly, this marks Ferrari’s first-ever four-door vehicle.

Targeted at affluent next-generation buyers, the Ferrari Elettrica is expected to command a minimum price of €500,000 ($580,400), as reported by Reuters. Crafted from 75 percent recycled aluminum, the vehicle’s chassis will house a fast-charging battery integrated into the floor, ensuring a lower center of gravity.

The Elettrica’s 15-module battery is comprised of a nickel-manganese-cobalt chemistry with a gross energy of 122kWh and cells supplied by SK On. The pack, though, is assembled by Ferrari itself.

The company hasn’t shared an overall torque figure, but says it’ll accelerate from 0-62 mph (100 kph) in 2.5 seconds. Ferrari says it’ll be able to charge at up to 350 kW thanks to its 800-volt architecture. And there will be a system that simulates gear-shifting but actually controls the regenerative braking.

Like other sports car brands, Ferrari has been slow to embrace electrification. The company has already delayed a second EV until 2028 because of lack of demand. Meanwhile, rival Lamborghini has delayed its first EV until 2029, citing fluctuating demand.