Rolls-Royce confirmed it’s working on an all-new vehicle called Silent Shadow as the iconic British brand prepares to offer a fully electric car to its ultra-wealthy clientele this decade.

The BMW-owned firm last year filed a trademark with the German patent office for the name “Silent Shadow,” a nod to the Silver Shadow model sold from 1965 to 1980. Rolls-Royce CEO Torsten Mueller-Oetvoes stayed coy on a potential launch date for the vehicle.

“That is still a secret,” he said in an interview with Bloomberg Television. “But it will of course obviously be a brand-new Rolls-Royce, rest assured.”

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