Lamborghini to invest at least 1.8 billion euros in plan for electrification

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Italian car brand Lamborghini plans to invest at least 1.8 billion euros to produce a hybrid range by 2024 and an additional amount to launch an all-electric model by the end of the decade, company chief executive Stephan Winkelmann said. to the newspaper Il Sole 24 Ore.

Lamborghini, part of the Volkswagen Group, said last year it would invest 1.5 billion euros to transform current models – the Huracan and Aventador sports cars and the Urus SUV – into gasoline-electric hybrid engines by the end of 2024. .

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“We budgeted 1.8 billion, but in reality it will be much more – the biggest investment in the history of Lamborghini Automobili,” Winkelmann told the paper, adding that the figure does not include the development of the all-electric model.

“The investment will be huge because we have to face the entire electric age while maintaining the values ​​of Lamborghini’s DNA. It will be a very difficult challenge.”

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Like rivals Ferrari, Aston Martin and McLaren, Lamborghini is trying to figure out how to shift its lineup to battery-powered vehicles without losing the high performance that supports the high prices of the premium segment.

Source: CNN Brasil

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