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Detroit — Supercar brand Lamborghini plans to invest $1.5 billion to produce an entirely petrol-electric hybrid line-up by 2024, but its first fully electric model will not appear until the second half of the decade, the brand's CEO said.

Lamborghini, part of the Volkswagen Group, and other players in the rarefied market for high-performance sports cars, including Ferrari NV, Aston Martin Lagonda and McLaren, are wrestling with how to shift their line-ups to battery power without losing the visceral performance that supports their premium pricing...

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