Lamborghini will be building a SUV based on the same platform as it’s parent Audi’s Audi Q5.

Concept Art

The SUV is currently known as the LM00X. It will feature two choices of engines – a supercharged 400hp 4.2 V8 and a supercharged 500hp 5.0 V10. It’s expected that the Lamborghini SUV will debut in 2008, while the Audi Q5 it’s based on will be released in 2007.

More details on the Audi Q5 here.

The Audi Q5.