Italian sports car manufacturer Lamborghini is lining up an investment of $ 1.8 billion over four years for the transition of internal combustion engines to hybrid and later to complete electrification, Stephan Winkelmann, President & CEO, Automobili Lamborghini, said in a statement.
In a roadmap to the decarbonisation of future Lamborghini models, the company has announced a special programme called “Direzione Cor Tauri” (Towards Cor Tauri). Throughout the product electrification process, the company will focus continually on identifying technologies and solutions that guarantee top performance and driving dynamics in keeping with the marque’s tradition, the company said in a press release.
By 2024, the company will be able to offer plug-in hybrid versions of each model from the Urus SUV to the Aventador. Its internal target for this phase is to reduce product CO2 emissions by 50% by the beginning of 2025. In the next half of the decade, the company claims to roll out a fully electrified model, which is expected to be a two-door GT.
Winkelmann said, “Lamborghini’s electrification plan is a newly-plotted course, necessary in the context of a radically changing world, where we want to make our contribution by continuing to reduce environmental impact through concrete projects. Our response is a plan with a 360-degree approach, encompassing our products and our Sant’Agata Bolognese location, taking us towards a more sustainable future while always remaining faithful to our DNA.”
“Our promise, supported by the largest investment plan in the brand’s history, reinforces our deep dedication to not only our customers but also to our fans, our people and their families, as well as to the territory where the company was born in Emilia-Romagna and to Made in Italy excellence,” he added