The Italian car maker Lamborghini has announced that it will launch a fully electric car in the second half of the decade. Upcoming years will witness the transition of Lamborghini to producing hybrid models before it launches a fully electric car in the second half of the 2020s.
Automobili Lamborghini’s President and CEO Stephan Winkelmann said in a statement Tuesday, “Lamborghini’s electrification plan is a newly-plotted course, necessary in the context of a radically-changing world, where we want to make our contribution by continuing to reduce environmental impact through concrete projects,”
“Our response is a plan with a 360-degree approach, encompassing our products and our Sant’Agata Bolognese location, taking us towards a more sustainable future while always remaining faithful to our DNA.”
The luxury sports car maker will invest a sum of 1. billion Euros, in its journey of hybridization and electrification over the next four years. With this, it is going to be the largest investment in Lamborghini’s history. The roadmap involves of three phases: for 2021 and 2022, it will be focused on combustion engine models with two new cars in the V12 model line-up to be announced this year.
Its second phase would be a “hybrid transition” by the end of 2024. Stephan said, “In 2023 Lamborghini will launch its first hybrid series production car, and by the end of 2024 the entire range will be electrified,”
“The second part of the decade will be dedicated to full-electric vehicles, with technological innovation in this phase oriented towards ensuring remarkable performance, and positioning the new product at the top of its segment,” he added.