The Italian sports car maker, Lamborghini, revealed on Tuesday a “road map towards electrification” of its models, an ambitious plan that includes an investment of more than 1.5 billion euros over four years.
Lamborghini will launch in 2023 its first hybrid model, and “by the end of the year 2024, all cars will be fully electric,” the group said in a statement, adding that “the first fully electric Lamborghini car” is expected to be launched “in the second half of the decade. “.
“Lamborghini’s plan to convert its cars to electric is a change that has become necessary in the context that has evolved radically and in which we want to contribute by continuing to reduce the impact on the environment through concrete projects,” said its chief executive, Stephan Winkelmann.
He added that this “transformation plan” funded by “the largest investment in the history of Lamborghini will lead us to a more sustainable future,” according to “Euronews”.
The luxury car manufacturer is also committed to reducing carbon dioxide emissions by 50 percent from the beginning of 2025 at its production site in Santagata Bolognese in northern Italy and ensuring “the sustainability of the supply of production chains”.
Lamborghini was able to withstand the economic crisis caused by the Covid-19 pandemic, as it recorded in 2020 “the second best year in history” in terms of sales, in addition to achieving “record” profitability.
The Italian subsidiary of the German giant Volkswagen Group sold 7,430 cars around the world, which is the second best result for the brand after the record of 8,205 cars it recorded in 2019.
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