It looks like the V12 engine is not gone yet, since Ferrari has just confirmed that its new Purosangue SUV will be powered by a V12. Ferrari has also confirmed that we’ll get to see its new SUV in September.

Ferrari also wants to keep the Purosangue exclusive, so it plans to make sure the SUV doesn’t account for more than 20 percent of its annual deliveries. Even with that limit, the Purosangue won’t be the most exclusive Ferrari, since the Icona series and its new hypercar will be even more exclusive.

While we’re happy to hear that the Purosangue will be powered by a V12, Ferrari has also confirmed that by 2026, 60 percent of its vehicles will be powered by hybrid or fully electric powertrains.