Lamborghini shifts to top gear in electrification race, to invest $1.8 billion

The luxury sports car will introduce an all electric model in the second half of the decade.Lamborghini plans to transform current models Huracan, Aventador and Urus sport utility into hybrids by 2024.
By : HT Auto Desk
| Updated on: 18 May 2021, 18:08 PM
File photo of Lamborghini Urus.
File photo of Lamborghini Urus.
File photo of Lamborghini Urus.
File photo of Lamborghini Urus.

Luxury sports car maker Lamborghini may be known for its insanely capable machines powered by roaring engines under the hood. But times are clearly changing in the automotive world and the company now plans to race ahead to keep pace. On Tuesday, Stephan Winkelmann, president and CEO of Automobili Lamborghini, announced plans of investing €1.5 billion ($1.5 billion) to spearhead the charge towards hybrid and electric vehicles. This is going to be the largest investment that Lamborghini has ever made.

Although a fully battery-powered Lamborghini isn't expected to hit roads anywhere till the second half of this decade, it is a clear show of strong intent from the company which is owned by Volkswagen subsidiary Audi.

Similar Cars

Find More Cars
Tata Tigor Ev (HT Auto photo)
Tata Tigor Ev
Electric | Automatic
₹11.99 - 13.14 Lakhs**Ex-showroom price
Tata Altroz Ev (HT Auto photo)
Tata Altroz Ev
₹12 - 15 Lakhs* *Expected Price
Tata Nexon Ev (HT Auto photo)
Tata Nexon Ev
Electric | Automatic
₹13.99 - 16.85 Lakhs**Ex-showroom price
Mahindra Xuv400 Ev (HT Auto photo)
Mahindra Xuv400 Ev
₹14 - 16 Lakhs* *Expected Price
Tata Nexon Ev Prime (HT Auto photo)
Tata  Nexon Ev Prime
30.2 kWh | Electric | Automatic | 312 Km
₹14.99 - 17.5 Lakhs**Ex-showroom price
Tata Nexon Ev Max (HT Auto photo)
Tata Nexon Ev Max
Electric | Automatic
₹17.74 - 19.24 Lakhs**Ex-showroom price

Towards this end, Lamborghini aims to shift its current models – Huracan, Aventador and Urus sport utility vehicle - to hybrid, petrol-electric powertrains by the end of 2024, confirmed Winkelmann. He however also added that no exact design has been thought of for an all-electric model. But he did mention that it is likely to be a two-door car.

FOLLOW US:Stay Updated with latest content - Subscribe us on
FOLLOW US:Stay Updated with latest content - Subscribe us on

The Volkswagen group is focusing to sketch out a plan for Lamborghini that will work in tandem with its goals for electric vehicles powered by batteries and software stacks that can challenge the might of Tesla

(Also read: This limited edition Lamborghini may be the priciest pre-owned car in India)

Stressing on the goal of reducing CO2 emission in the world and highlighting how diligently the automobile industry is trying to do this, Winkelmann said the task at hand possesses quite a challenge for a super sports car manufacturer like Lamborghini as one needs to focus on emission reduction as well as the performance of the vehicle. The goal to introduce an all-electric model later in the decade might put the luxury sports car maker behind rivals Ferrari which already has plans to introduce a battery-electric model by 2025.

Manoeuvring through the technicalities that come with electrification, Lamborghini says it will try to keep its sportiness alive in this process. “We have to define what sportiness is in the new era, in the battery-electric era," Winkelmann said. He also added that range will be the brand’s top priority and it is still working on it.

First Published Date: 18 May 2021, 18:01 PM IST
Recommended For You
View All

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city