Lamborghini's New Concept Electric Car is Energy Storage On Wheels

At Massachusetts Institute of Technology's (MIT) EmTech conference last week, Italian luxury car manufacturer Lamborghini unveiled a new concept electric supercar — and they weren't kidding when they called it "the future of sports cars."

The Lamborghini Terzo Millennio (which is Italian for the "third millennium") certainly does look like it belongs to a future era. The product of a unique collaboration between MIT and Lamborghini, the Terzo Millennio doesn't just look the part of a futuristic car, it's  packed with next generation technology.

One of the highlights is its energy storage capacity. According to Road Show, the Terzo Millennio uses supercapacitors instead of regular batteries. Coupled with high storage capabilities, supercapacitors are also capable of receiving and delivering a charge faster than standard batteries. Plus, it carries more charge cycles than most batteries, which can supply power to the supercar's four electric motors — one for each wheel.

Its energy storage capabilities don't end there, though. The car's carbon fiber body allows the entire vehicle to work as one big energy storage medium — almost like a battery on wheels.

"If I have a super sports car and I want to go the [race track], I want to go one, two, three laps without having to stop and recharge after every lap," Mauricio Reggiani, head of R&D at Lamborghini, told CNN. 

While promising, the car's design does present certain challenges which could take years for Lamborghini to overcome. If they do, though, the Terzo Millennio would certainly be a sleek new offering in the competitive EV market.