The Lamborghini Is Officially Going Electric

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

middle aged man sitting at desk with laptop looking at camera

I let AI completely manage my $50,000 portfolio 2 years ago, and it’s already made me $165,000. Is there any reason I shouldn’t give it more money?

Two years ago, you handed AI control of a $50,000 investment portfolio and let it decide what to buy, what to sell, and when to move. Today, that account is up more than $165,000. But before you increase its budget, there is one part of this story that matters even more than the profit.
July 22, 2026 Jesse Singer
AI-generated image of two men and one woman sitting on a teal couch

My parents gave our oldest brother power of attorney, and now the rest of us have questions. Can we really trust him?

Learn what power of attorney really allows, your sibling's legal responsibilities, warning signs of financial abuse, and practical steps to protect aging parents while preserving family trust and accountability.
July 22, 2026 Peter Kinney
Man at desk in 1960s office

Workplace Habits Baby Boomers Thought Were Normal—That Would Make Gen Z Quit By Lunch

Baby Boomers will tell you they survived the workplace by toughening up. And sure, some of those habits might have built character. But they would also have Gen Z updating LinkedIn before the morning coffee finished brewing.
July 20, 2026 Jesse Singer
married couple retirement stress

My New Husband And I Discovered Our Retirement Assumptions Were Completely Different. We're Both Set In Our Ways. How Do We Compromise?

Getting married later in life often means combining two people with decades of habits, expectations, and financial experiences. Many couples assume they share the same retirement vision until they finally sit down and compare notes. That conversation can reveal completely different ideas about when to retire, how much to spend, where to live, and what retirement should actually look like.
July 20, 2026 Jane O'Shea
Woman in 1960s sitting at kitchen table holding credit card

Credit card companies could legally do in the 60s and 70s—that would outrage anyone born after 2000.

Credit cards feel normal now, which is exactly why the early days are so hard to believe. In the 60s and 70s, the rules were still catching up to the plastic—and companies had a lot more room to play games with your money, your mail, and your sanity.
July 23, 2026 Jesse Singer


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