Lamborghini’s rowdy Italian SUV and powerful supercars will have their hybrid versions by 2024, and the auto giant will spend more than $1.8 billion for the same, as per Bloomberg.  Last year, Lamborghini recorded its best annual sales results, with 8,405 cars delivered globally.

But the proposed hybrids are likely to be paltry compared to the volume of throaty V12 engines that the 59-year-old brand is famous for producing. And company executives have yet to specify when if ever they will focus only on electric vehicles.

 Lamborghini Chairman and CEO Stephan Winkelmann said, “We don’t need to decide now,” during a reporter roundtable on July 27 when asked whether the company is planning to switch its fleet to only electric vehicles, as such brands as Audi and Bentley have pledged. “We have at least a few years to decide.” In the meantime, Lamborghini has announced that its first EV, a two-door, four-seat vehicle, will arrive in eight years by 2030.

Lamborghini, meanwhile, asserts that at this point, all-electric, all the time may not be the answer.  “It is going to be very, very complicated to make the right choice,” Winkelmann said.    

“We are seeing that we can continue to make more [money] out of every single car, and this is also the trend for the future,” Winkelmann said. “We are sure about that.”

“I consider myself a petrolhead, but it’s almost half a decade that we are pregnant with the idea of going hybrid and electric, so I know what is coming,” Winkelmann said. “I do think we have to tackle the challenge.” 

“We don’t have to decide now, because we still have some years to see how the legislation is moving—if this is then something which they might slow down,” Winkelmann said. “There is still the chance that maybe the legislation is going to change, or is going to open up opportunities for small manufacturers … so we need to decide in the second half of this decade whether we go electric with the super sports cars.”  

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