Lamborghini Joins Race to Build Luxury EVs
In the wake of new emissions standards designed to reduce reliance on fossil fuels and cut down global carbon emissions, several automakers are scrambling to electrify their fleets. Electric vehicles (“EVs”) have been touted as the next frontier of vehicular travel, pushing legacy automakers and even luxury car makers into the young but swiftly growing electric vehicle industry. Italian luxury automaker Lamborghini has now thrown its hat into the fray, announcing on May 18 that it will release its first completely electric offering by the end of the decade. Lamborghini announced that by the year 2024, all of its models,…