Blume also said the platform will support power outputs of up to 2,000 hp, likely based on the metric horsepower rating VW Group uses. That would equate to 1,973 hp based on the standard used in the U.S.

The first all-electric Lamborghini could make its debut by 2030, and will likely be based on the previously-released Lanzador concept.

It'll use a shared platform, but still have what VW AG's CEO described as "very specific set-up for Lamborghini."

A fully electric Lamborghini Urus was expected by the end of this decade, or at least it was in 2023, before demand for EVs weakened and Lamborghini started saying that a fully electric supercar was not close.

The first electric Lamborghini will use a new platform shared with Porsche, Audi, and Bentley. In addition to being extremely powerful, the new model will have a new 980-volt architecture. Ferrari is gearing up to debut its first EV this year,