Lamborghini switches from combustion engine to plug-in hybrids | Mobility News
Lamborghini is one of the car manufacturers known for their powerful combustion engines built into their sports cars like the Aventador. In the last year of sales, they only sold pure combustion engine models. However, they are now planning to switch their lineup to plug-in hybrids.
According to reports, the Volkswagen Group-owned brand plans to bring its first production car with a plugin in 2022 before starting to produce the all-electric models by 2024. After record deliveries in 2021, Lamborghini has sold virtually all its production for 2022, according to recent reports.
Reports said they delivered 8,495 vehicles worldwide in 2021, a 13% increase from the previous year. In the European market, they increased their sales by 12%. Moreover, following these record sales, they plan to launch four new models in 2022 to start their hybrid range.
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Lamborghini has set aside a record 1.5 billion euros ($1.7 billion) to switch to plug-in hybrids, with an all-electric model slated for the second half of the decade. While other supercar brands, such as Ferrari and Aston Martin, face a complicated and particularly complex problem of maintaining brand identity during the costly transition to electrification, Lamborghini’s plans are supported by Volkswagen.
Lamborghini’s electric model designs are still in development; reports indicate that they are more inclined to make the four-door more suitable for everyday use.
According to the report, Lamborghini expects EBIT (earnings before interest and tax) margins to approach 20% in 2021. Ferrari posted returns of just over 25% in the first nine months of the last year, compared to just over 25% this year.