Lamborghini is in its final yr of promoting solely pure combustion engines in fashions akin to Aventador because the sports-car maker switches its lineup to plug-in hybrids.

The Volkswagen Group model will unveil its first manufacturing automotive with a plug subsequent yr earlier than electrifying its full providing by 2024. For 2022, Lamborghini has virtually offered out its complete manufacturing run following file deliveries in 2021, CEO Stephan Winkelmann stated.

Lamborghini stated it delivered 8,405 automobiles globally final yr, up 13 %. Gross sales in Europe, its largest area, rose 12 %.

“Will probably be the final time that we solely supply combustion engines,” Winkelmann stated in an interview. The carmaker has seen a “excellent begin” to 2022, he stated. 

Winkelmann stated Lamborghini plans to unveil 4 new merchandise in 2022 because it strikes to hybridize its lineup.

Lamborghini has allotted a file 1.5 billion euros ($1.7 billion) for the shift to plug-in hybrids, and plans to supply a full-electric mannequin within the second half of the last decade. Whereas different supercar manufacturers like Ferrari and Aston Martin face an particularly delicate job to protect model id within the pricey shift to electrification, Lamborghini’s future plans are underpinned by VW’s file spending on new expertise.  

Lamborghini remains to be engaged on a ultimate design for its first electrical automotive and is leaning towards a four-door mannequin fitted to each day use, Winkelmann stated.

In response to an investor presentation, Lamborghini is anticipating 2021 earnings earlier than curiosity and tax margins (EBIT) to method 20 %. That compares with returns of simply over 25 % in the course of the first 9 months of final yr for Ferrari.

Full-year earnings, as a result of be reported in March, must be “in a variety that surprises everybody,” Winkelmann stated. “Stunning to everybody in a optimistic sense.”