The synthesis and characterization of a covalent all?fullerene C60?Lu3N@Ih?C80 electron donor–acceptor conjugate has been realized by sequential 1,3?dipolar cycloaddition reactions of azomethine ylides on Lu3N@Ih?C80 and C60. To the best of our knowledge, this is the first time that two fullerenes behaving as both electron donor (Lu3N@Ih?C80) and acceptor (C60) are forming an electroactive dumbbell.