I suspect this is a mule. Rear wheel-arches are way too large and cabin space seems to be the same as classic roadsters, which is in contrast to what MMC said on presenting the new chassis.

In addition, the new chassis rails are way too visible under the wings, not typical of a production car. It seems also front tyres are of smaller width than rear.

I think they will not lose the opportunity of introducing something new to the well-known styling, and my bet is on a DHC version of the classic Morgan, with winding windows and a boot, or even more radical an integration of body and wings.