Another day, another automaker announcing its commitment to an electrified future. This time, it's Lamborghini's turn to showcase to the world how serious they are when it comes to electrifying its lineup. As a matter of fact, the brand's transition to an electrified future will be the biggest investment in the company's history.

Just how big of an investment, you ask? Well, Lamborghini CEO Stephan Winkelmann told Il Sole 24 Ore that they will invest at least €1.8 billion ($1.88 billion) to create a hybrid lineup by 2024. By 2030, Lamborghini aims to finally release its first fully-electric supercar. The CEO also added that the investment figure does not yet include the development cost for its first electric model. Winkelmann said:

It's no surprise that investing in an electric future isn't cheap, but electrification is a much bigger challenge for a brand like Lamborghini whose identity was formed around the internal combustion engine (ICE). Without the noise of its iconic V-12 and V-10 engines, creating a distinct driving experience that's unique in a sea of similarly-quiet supercars is perhaps the Italian automaker's biggest hurdle as it heads towards electrification. After all, part of the drama of owning a supercar is the noise these things make. Winkelmann adds:

By 2023, Lamborghini is expected to release their first series-production hybrid supercar--and it's expected to be a successor to the Aventador. It also won't carry over with the Aventador's V-12 engine, as it is reportedly coming with an all-new engine--most likely to be compatible with a higher degree of electrification. And while the Sián was the brand's first electrified model, it was only a limited-production derivative of the Aventador. By 2024, its entire lineup will consist of hybrids, including the successors to the Huracan and Urus. By the end of the decade, Lamborghini is hoping to release its first purely electric vehicle.

The challenges that Lamborghini is about to face are similar to what Ferrari will also have to face in the coming years. Just like Lamborghini, the brand will also electrify its lineup, but there's another sports car manufacturer who thinks that hydrogen could also be part of its future. That would be French automaker Alpine, who recently said that the prospect of hydrogen combustion technology could be their ticket to preserving the legacy of the internal combustion engine.