Lamborghini has revealed that it will invest €1.5 billion (£1.29bn) to cut its CO2 emissions output in half by 2025.

The Italian supercar maker revealed the it was set to launch a fully-electric vehicle (EV) – a fourth model for its current line-up – in the second half of the decade while taking steps towards a “sustainable future” at its Sant’Agata plant.

Stephan Winkelmann, the president and chief executive of Automobili Lamborghini, presented the plan in a “Direzione Cor Tauri” (Towards Cor Tauri) plan this morning (May 18).

The Volkswagen Group-owned OEM vowed to incorporate a celebration of the combustion engine as part of its transition to electrified drivetrains by 2024.

Lamborghini launched its first hybrid model, the limited-run Sián, last year.