This Luxury Supercar Brand Is Set To Unveil Its 1st EV Concept Tomorrow: 'New And Truly Thrilling'
Portfolio Pulse from Anan Ashraf
Volkswagen-owned Italian supercar brand Lamborghini is set to unveil its first electric vehicle (EV) concept model on August 18th. This is part of Lamborghini's broader electrification roadmap, which includes the launch of its first hybrid model in 2023 and the electrification of its entire range by the end of 2024. The company has committed $1.8 billion over four years to its electrification efforts.
August 17, 2023 | 10:36 am
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Volkswagen's Lamborghini brand is set to unveil its first EV concept model, marking a significant step in the company's electrification efforts. This could potentially boost Volkswagen's position in the EV market.
The unveiling of Lamborghini's first EV concept model represents a significant milestone in Volkswagen's electrification efforts. Given the growing demand for EVs and Lamborghini's reputation for high-performance vehicles, this could potentially enhance Volkswagen's competitive position in the EV market, thereby positively impacting its stock in the short term.
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