lambo_internal

The Lamborghini Is Officially Going Electric


June 17, 2021 | Eul Basa

The Lamborghini Is Officially Going Electric


It looks like electric vehicles are the new standard in today's automotive industry, and it's not just middle-tier brands that are making the move to green. Luxury brands such as Jaguar, Bentley, and now Lamborghini are all jumping on the bandwagon, with massive budgets set aside for the large-scale transitions. But what's driving this sudden shift? Well, there could be a couple of reasons for this.

There is clearly an innovation boom going on, as companies like Tesla continue to push the boundaries of high-performance engineering. Many automakers seem to be enticed by the challenge, so it could all just be a prestige war. Or, it could be that these companies are genuinely trying to do their part in the fight climate change, offering their customers new options to help them reduce their carbon footprints. Or maybe, it could just be that their line-up of vehicles are already expensive, so it doesn't really matter how far they push the limit.

For Lamborghini, the shift is a "landmark transformation" that will see the company's full commitment to all-electric vehicles by the second half of the decade. As always, it promises to put forward quality products with "remarkable performance."

Stephan Winkelmann, the CEO of Lamborghini, unveiled a "Direction cor Tauri" strategic plan that outlined a $2.35 billion investment over the next four years. Such is the largest investment ever in the history of the brand. The initiative will be divided into three phases, including a gradual farewell to the internal combustion engine, then the development of the first hybrid Lamborghini by 2023, and lastly, the announcement of a fully-electric, zero-emissions model.

"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," said Winkelmann. "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."

One of the challenges the company will face is figuring out which markets to focus their efforts on. Currently, 95% of Lamborghini vehicles are exported to markets across the globe; however, not all of them will be "equally ready for the electric revolution." For now, they have their sights on two mature markets: Asia, which is ready for the legislation, and Northern Europe, which is ready for the culture.

Early development is currently underway at the company's research facilities to get the plan into motion.

 


READ MORE

Rss Thumb - Household Bills That Used To Be Predictable

Household Bills That Used To Be Predictable But Now Change Every Month

Once-predictable household bills are becoming harder to budget for. Discover the everyday expenses that can now change from month to month and why their costs keep fluctuating.
August 26, 2026 Jack Hawkins
Rss Thumb - Parents Money Mistakes

The Money Promises Parents Should Never Make Without Checking The Numbers First

Parents want to help their kids, but generous financial promises can threaten retirement and family finances. Here are the money commitments parents should always calculate carefully before saying yes.
August 26, 2026 Jack Hawkins
man at table with jar of coins

My dad left behind jars and rolls of coins worth thousands of dollars. Do I have to report any of it to the IRS?

Your dad spent years putting away jars, boxes, and rolls of coins. Now they're yours, and once you start adding everything up, there could be thousands of dollars sitting there. So what happens when you finally turn all that change into usable money? Does any of it need to be reported to the IRS?
August 26, 2026 Jesse Singer
Rss Thumb - Brother House Sale

Our mom just passed. My brother wants to sell the house immediately, but I think we would lose money. Can one heir force the others to sell?

Can one heir force siblings to sell an inherited house? Learn how probate, partition actions, buyouts, appraisals, taxes, and mediation can help resolve the dispute.
August 26, 2026 Jack Hawkins
man worried about finance in kitchen holding groceries

Financial Rules Of Thumb That Used To Make Sense—Until Everything Got So Expensive

For years, personal finance advice came packaged in tidy percentages that were easy to remember and reassuringly simple to follow. Then housing, groceries, cars, insurance, child care, and other essentials became much more expensive, while many of those famous rules stayed frozen in place. Prices have continued rising even after the enormous increases households absorbed earlier in the decade. The result is uncomfortable but useful: some classic money rules don’t work these days, and our rules may need to change.
August 26, 2026 Sammy Tran


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team