Lamborghini recently unveiled their design concept for the cutting edge Terzo Millennio. The Italian car company took plans to the next level with the "third-millennium" electric hypercar — set to incorporate flawless performance with futuristic construction.

The Terzo made its prototype debut at this year's EmTech conference in partnership with MIT. Having signed a three-year contract with the Boston Institute — costing around €200,000 (approximately $232,000) per year — this partnership is set to be a game changer in automobile technology.

Reports reveal a carbon fire monocoque at the heart of the construction, resting on a modular platform which contains the electric hybrid unit. The classic Y-signature of the car is complete with a waterslide windshield and tinted orange wheels.

According to the sports car giant, the goal of the project was to allow the brand to stake its claim in the future of luxury cars by tackling five key areas: energy storage systems, innovative materials, propulsion system, visionary design, and emotion. Head designer, Mitja Borkert — who previously worked at Porsche — remarked that the Terzo "must have the wow-factor." It certainly does.

Earlier this year, Lamborghini revealed the first mass produced electric SUV.

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