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Lamborghini plans to spend nearly €2 billion on electrification

Lamborghini plans to spend nearly €2 billion on electrification

Car manufacturers will no longer have a choice, they will have to electrify their range of vehicles to avoid disappearing.

 

The European Union has very recently voted for the end of thermal cars by 2035. Indeed, brands will only be able to sell electric cars whatever their rank and whatever the price or power of their models.

 

Lamborghini has already announced that the first electric car ever produced by the brand will be on the market in 2027. Before that, the carmaker must invest billions of euros to electrify its range. In an interview with Sole 24 Ore, Stephan Winkelmann, Lamborghini’s president, said the company plans to invest 1.8 billion euros towards electrification. This amount sounds high, but Winkelmann added that Lamborghini would actually spend much more money, as this investment does not take into account the development of 100% electric vehicles.

 

 

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Une publication partagée par Lamborghini (@lamborghini)

The money will allow the automaker to develop a series of hybrid vehicles, including the descendant of the Lamborghini Aventador that the automaker is currently refining. It should keep its V12 engine, but would be electrified. The Sant’Agata Bolognese manufacturer is also expected to spend a few million euros on the hybrid replacement for the Huracan, as well as the Urus, which will not escape electrification. By 2024, all Lamborghini models will be electrified according to the company’s plan.

 

See Also

Lamborghini wants to focus on performance and respect for its DNA. The cars will keep their recognizable design. Mitja Borkert, Lamborghini’s design director explains “They will always look like spaceships, always be inspiring, always be cars that, no matter what technology they have, will have the sound and emotion to touch you“.

 

Read also > LAMBORGHINI PLANS TO LAUNCH ITS FIRST ALL-ELECTRIC MODEL BY THE END OF THE DECADE

 

Featured photo : © Lamborghini

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