Luxury car makers switching to hybrid and electric

If you can afford a million-dollar hypercar, you probably aren't too concerned with the current high gas prices. Still, more and more luxury car makers are moving to hybrid or fully electric vehicles. The reasons for the shift vary from government regulation to environmental concerns to simple consumer demand. Some of the latest high-end EV supercars and luxury vehicles were seen for the first time at the premiere exotic car show in North American, The Quail Motorsports Gathering, part of the annual Monterey Car Show in California. Both Bugatti and Lamborghini unveiled what they called their final combustion-engine vehicles as both Italian car makers announced they're moving to an all-hybrid lineups next year. Lamborghini showed off its new SUV called the Urus Performante, which recently set a SUV speed record at Pikes Peak International Hill Climb, getting up the mountain in just 10 minutes and 39 seconds. Sales of the Urus Performante will start by the end of the year with a $260,000 base price. Bugatti followed suit with its powerful, and expensive, W16 Mistral, the roadster version of its classic Chiron supercar. Bugatti will only build 99 examples of the Mistral, each priced at a whopping five million euros, and all of them have already been sold. Meanwhile, Maserati says it's skipping hybrids and making all of its lineup available with either standard engines or fully electric, giving its customers the choice. At the Quail, Masarati debuts its new MC20 Cielo Spyder convertible with an expected price tag of around $250,000 when it goes on sale next year. But it's not just European luxury car makers making the switch to greener vehicles. Two California car makers also showed off their latest innovative electric models as well. Lucid's Air Sapphire luxury sedan made its debut in the Quail. With an electric motor output of over 1,200 horsepower and a starting price tag of $249,000, some analysts say Lucid is attempting to take market share from another well-known California electric car maker, Tesla. Meanwhile, startup Czinger is taking sustainability to the next level with its 3D-printed hypercars made of light, recyclable material. Czinger debuts its latest model, the 21C VMAX, which the Los Angeles-based company says is its fastest vehicle yet, going from 0 to 60 miles per hour in just 1.88 seconds. The price for that kind of pep? Czinger's 21C VMAX starts at two million dollars.