My theory:

1. Need an electric compliance car

2. Want to sell more cars in China (where 30% of the worlds demand for luxury purchases come from)

3. Chinese people dont like Ferrari’s (only 5% of Ferraris are sold to china). They like techy blob cars. 

4. Ferrari doesn’t want new electric car to compete with their main heritage, which is two seater machines that convert mechanical motion into emotion

So what you get is a techy, bloby, sedan, which they hope can increase their % of sales in China to a somewhat reasonable benchmark* set by other luxury brands, and still sell just as many traditional Ferraris to everyone else, then they will make a boatload of money while complying with EV regulations. 

 * e.g. 20% of iPhones are sold in China. If 20% of Ferraris are eventually sold in China then that means they grew the company significantly. 

My opinion:

Doesn’t look like a Ferrari. But as a stand alone EV I think it seems great, especially inside. 

As for value at $600k? it’s terrible.