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Lamborghini intends to invest at least 1.8 billion Euros in electrification

Stephan Winkelmann, CEO of Italian supercar brand Lamborghini, said Friday that the company plans to invest at least 1.8 billion euros to launch a hybrid model by 2024 and more money to launch an all-electric model by 2030.

Lamborghini, part of the Volkswagen Group, said last year it would invest 1.5 billion euros to convert its current models – the Huracan and Aventador sports cars and the Urus sport utility vehicle – to oil-electric by the end of 2024 hybrid powertrains.

In an interview on Friday, Winkelmann said, “We have allocated 1.8 billion euros, but it will actually be more – the biggest investment in the history of Lamborghini cars.”

He added that this figure does not include the development of all-electric models.

Winkelmann said, “It will be a huge investment because we have to face the all-electric era while maintaining the values of the Lamborghini DNA. It’s going to be a very difficult challenge.”

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Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
Threza Gabriel is a news writer at TechGoing. TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.

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